Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:608638
Bank Name:HDFC Bank
Branch Name:Reg Office : Mumbai
Reserve Price:₹40,00,000
EMD:₹4,00,000
Bid Increment:₹20,000
Auction Time:2.30 p.m-3.00 p.m
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-01
Bid Start Date:2025-12-02
Property Description
This is a residential flat located in Semmencherry, Chennai, Tamil Nadu. The property is being auctioned by HDFC Bank under SARFAESI Act. It represents an excellent opportunity for home buyers or investors in a developing area of Chennai.
State:Tamil Nadu
City:Chennai
Area:Semmencherry
Asset Category:Residential
Full Address:S1, Nest Glory Block-I, Flat No. S1, Second Floor, Nest Glory Block-I, SRP Nagar, Semmencheri Village, Chennai-600119, Semmencherry, Chennai
Building/Society:Nest Glory Block-I
Size:925 sq.ft
Auction Description
HDFC Bank presents a SARFAESI auction for a residential flat in Semmencherry, Chennai. The auction will be held on December 2, 2025, from 2:30 PM to 3:00 PM. The reserve price is ₹40,00,000, with an Earnest Money Deposit (EMD) of ₹4,00,000 required to participate. This is a direct sale opportunity from the bank.
Borrower Name:Mr.Rajprabhu Rajasekaran
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing area of Chennai with a reasonable reserve price. While not a prime investment, it presents a calculated opportunity for buyers looking for affordable housing or rental income. The auction terms appear standard, and the property's location in Semmencherry adds to its appeal.
Contact Details
Branch:Branch Office : Reg Office : Mumbai
Service Provider:drt.auctiontiger.net
Contact Details:
Contact no:9940305869
