Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610070
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹22,50,000
EMD:₹2,25,000
Bid Increment:₹10,000
Auction Time:10.00 A.M. AND 4.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This is a residential flat located in Ambattur talk, Tiruvallur, Tamil Nadu. The property is being auctioned by Indian Bank under the SARFAESI Act. It presents a great opportunity for homebuyers or investors looking for a property in this developing region. The flat is part of a residential complex and offers comfortable living spaces. Its location provides access to local amenities and transportation networks.
State:Tamil Nadu
City:Tiruvallur
Area:Ambattur talk
Asset Category:Residential
Full Address:F-1, Devi Nagar, Sakthi Street, Flat No. F-1, First floor/Plot No. 23A (Southern Portion), Devi Nagar, Sakthi Street, Thirumullaivoyal Village, Ambattur Taluk, Thiruvallur District, Thirumullaivoyal Village, Tiruvallur
Building/Society:Devi Nagar, Sakthi Street
Size:920 Sq. ft.
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Ambattur talk, Tiruvallur, Tamil Nadu. The auction will be held on November 19, 2025, starting at 10:00 AM and concluding at 04:00 PM. The reserve price for this property is ₹22,50,000, with an Earnest Money Deposit (EMD) of ₹2,25,000 required to participate. This is a legal auction process to recover dues from the borrower, Ms D Devi.
Borrower Name:Ms D Devi
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Yamuna
Legal Details
Possession Status:Physical
Encumbrance Details:NII
Why This Property
The property is a residential flat in Ambattur, a developing area. The reserve price seems reasonable, and auction terms are standard. It's a calculated opportunity for buyers looking for affordable housing with potential for future appreciation.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
