Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611284
Bank Name:ICICI Bank
Branch Name:Regional Office
Reserve Price:₹15,00,000
EMD:₹1,50,000
Auction Time:10.30 AM to 11.30 AM
Service Provider:matex.net
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-25
Property Description
This is a residential flat located in Sriperumbudur, Kanchipuram, Tamil Nadu. The property is being auctioned by ICICI Bank as part of a SARFAESI auction. This is a great opportunity to acquire a property in a developing area.
State:Tamil Nadu
City:Kanchipuram
Area:Sriperumbudur
Asset Category:Residential
Full Address:402, XL Woods, XL Woods Sriperumbudur Village, Kancheepuram District-631402, Sriperumbudur, Kanchipuram
Building/Society:XL Woods
Size:1300 Sq.ft.
Auction Description
ICICI Bank is conducting a SARFAESI auction for a residential flat in Sriperumbudur, Kanchipuram, Tamil Nadu. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price for this auction is ₹15,00,000, with an Earnest Money Deposit (EMD) of ₹1,50,000 required to participate. This auction presents a chance for interested buyers to acquire the property owned by Mr. Rajesh.
Borrower Name:Mr Rajesh
Auction Type:SARFAESI Auction
Guarantor Names:Jeeva Kalaichelvi.
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property in Sriperumbudur offers a decent residential space at a reasonable reserve price. While the location might not be prime, the lower entry price and clear auction terms make it a calculated opportunity for investors seeking value. Further due diligence on the area's growth potential is advised.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:matex.net
Contact Details:
Contact no:7550214251
