Flat for auction S1 B.V. Nagar Chennai by Canara

Property for Auction in Nanganallur, Chennai, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Nanganallur, Chennai
Auction Date IconAuction Date:
26-09-2025 11:00 AM

Auction Details

Auction ID:578718

Bank Name:Canara Bank

Branch Name:CHENNAI ASHOKNAGAR II BRANCH

Reserve Price:47,50,000

EMD:4,75,000

Service Provider:BAANKNET

Important Dates

Submission Date:25-09-2025 05:00 PM

Bid Start Date:26-09-2025 11:00 AM

Property Description

This auction features a prime parcel of land located in the well-established residential area of Nanganallur, Chennai, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. Situated in a desirable neighborhood, this land presents an excellent opportunity for development or investment in one of Chennai's sought-after locales. Ideal for constructing a residential property, its location offers convenience and accessibility.

State:Tamil Nadu

City:Chennai

Area:Nanganallur

Asset Category:Residential

Auction Description

Canara Bank is conducting a SARFAESI auction for a valuable land parcel in Nanganallur, Chennai, Tamil Nadu. The auction will take place on September 26, 2025, commencing at 11:00 AM and concluding at 04:00 PM. The reserve price for this asset is INR 47,50,000, with an Earnest Money Deposit (EMD) of INR 4,75,000 required to participate. This is a unique chance to acquire property through a bank auction process.

Borrower Name:M/s. Sri Muthuvelavan Agencies

Auction Type:SARFAESI Auction

Contact Details

contact no:9740145622

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