Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609462
Bank Name:Edelweiss Asset Reconstruction Company Limited
Branch Name:Retail Central & Regd. Office: Mumbai
Reserve Price:₹38,00,000
EMD:₹3,80,000
Auction Time:11:30 AM
Service Provider:edelweiss arc
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
A residential flat located in the well-connected area of Villivakkam, Chennai, Tamil Nadu. This property is part of a SARFAESI auction conducted by Edelweiss Asset Reconstruction Company Limited. Ideal for individuals or families seeking a home in a prominent urban locality.
State:Tamil Nadu
City:Chennai
Area:Villivakkam
Asset Category:Residential
Full Address:S1, Flat Bearing No: S1, Plot No: 102, In North Jagannathan Nagar, 2nd Street Villivakkam Chennai Pincode: 600 049 Ward No: 63, Zone -4, Comprised In Survey No: 252,253, 267 Part, Block No: 32, T.S No: 30 Of Konnur Village, Villivakkam, Chennai
Size:784 Sq. Feet
Auction Description
Edelweiss Asset Reconstruction Company Limited is holding a SARFAESI auction for a residential flat in Villivakkam, Chennai. The auction will take place on November 19, 2025, between 11:30 AM and 12:30 PM. The reserve price is set at INR 38,00,000, with an Earnest Money Deposit (EMD) of INR 3,80,000. This is a significant opportunity to acquire property through a bank auction.
Borrower Name:Mr. GANESH KUMAR S
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. KAVITHA G
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a reasonable opportunity given its size and location in Villivakkam, Chennai. The reserve price seems fair, but potential buyers should conduct thorough due diligence. The property's residential nature and established locality suggest a steady investment with moderate risk.
Contact Details
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540
