Flat for auction Sri Nagar Colony Saidapet Chennai 2 Cr Religare Finvest Ltd

Property for Auction in Guindy Taluk, Chennai, Tamil Nadu

Recommendation
Strong BuyScore: 7.8
Size
1945 Square Feet
Reserve Price
1,96,17,500
Reserve Price
1,96,17,500
EMD Required
19,61,750
Property Specifications
Society/BuildingK.G. Srivathsa Gardens
Size1945 Square Feet
Unit No.G
Floor5th
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Guindy Taluk, Chennai
Auction Date IconAuction Date:
10-12-2025 10:30 AM

Auction Details

Recommendation:Strong BuyScore: 7.8

Auction ID:609039

Bank Name:Religare Finvest Ltd

Branch Name:Regd Off

Reserve Price:1,96,17,500

EMD:19,61,750

Auction Time:10:30 a.m. to 11:30 a.m.

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:09-12-2025 05:00 PM

Bid Start Date:2025-12-10

Property Description

This is a residential flat located in Guindy Taluk, Chennai, Tamil Nadu. The property is being auctioned by Religare Finvest Ltd under the SARFAESI Act. It presents an opportunity to acquire a flat in a prominent area of Chennai.

State:Tamil Nadu

City:Chennai

Area:Guindy Taluk

Asset Category:Residential

Full Address:G, K.G. Srivathsa Gardens, Door No.9 (Old No.6), K.G. Srivathsa Gardens South Avenue, Sri Nagar Colony Saidapet, Chennai, Sri Nagar Colony Saidapet, Chennai

Building/Society:K.G. Srivathsa Gardens

Size:1945 Square Feet

Auction Description

Religare Finvest Ltd is conducting a SARFAESI auction for a residential flat in Guindy Taluk, Chennai, Tamil Nadu. The auction will take place on December 10, 2025, from 10:30 AM to 11:30 AM. The reserve price for this auction is INR 1,96,17,500, with an Earnest Money Deposit (EMD) of INR 19,61,750. This is a significant opportunity for prospective buyers.

Borrower Name:M/s Emerge Learing Service Private Limited

Auction Type:SARFAESI Auction

Guarantor Names:Mr.Kannan Ramanujam, Mrs. Nalina

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

Located in a well-established residential area of Chennai, this flat offers a good investment opportunity. The reserve price is attractive considering the property size and location. Interested buyers should conduct their due diligence before participating in the auction.

Contact Details

Branch:Branch Office : Regd Off

Service Provider:bankeauctions.com / C1 India

Contact Details:

Mr.Paramesh KN and Mr. A. Wilson

Contact no:8939605467and9311056699

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