Flat for auction Sri Venkateswara Nagar Chennai 20 lakh Bank of Baroda

A residential flat located in Alandur Taluk, Kanchipuram, Tamil Nadu. This property is being auctioned by Bank of Baroda under SARFAESI Act. The flat offers a prime location within the city, presenting an excellent opportunity for homeowners or investors. The area is well-connected and provides access to essential amenities. Ideal for those seeking a property in a developing region of Tamil Nadu. Mr M Ubayadullah is the borrower associated with this asset. The property category is residential, making it suitable for living purposes.

Bank of Baroda presents a SARFAESI auction for a residential flat in Alandur Taluk, Kanchipuram, Tamil Nadu. The auction is scheduled for November 24, 2025, with bidding open from 02:00 PM to 06:00 PM. The reserve price for this property is set at INR 20,00,000, and the Earnest Money Deposit (EMD) required is INR 2,00,000. This is a unique opportunity to acquire a residential property through a transparent auction process. Interested bidders are advised to review all auction terms and conditions thoroughly before participating. The auction is conducted to recover dues from the borrower, Mr M Ubayadullah.

The property offers a decent location in Alandur Taluk, Chennai, with a reasonable reserve price. Given its size and residential type, it presents a calculated opportunity for potential buyers. Auction terms appear standard, requiring thorough due diligence.