House for auction Ayyappanthangal Chennai 1 Cr Bank of Maharashtra

Property for Auction in Ayyappanthangal, Chennai, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
1440 Sq.feet
Reserve Price
1,08,00,000
Reserve Price
1,08,00,000
EMD Required
10,80,000
Property Specifications
Society/BuildingEVP Park Avenue
Size1440 Sq.feet
Unit No.231
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
House
Location IconLocation:
Ayyappanthangal, Chennai
Auction Date IconAuction Date:
17-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609388

Bank Name:Bank of Maharashtra

Branch Name:Coimbatore Zonal Office

Reserve Price:1,08,00,000

EMD:10,80,000

Service Provider:ebkray

Important Dates

Submission Date:16-11-2025 05:00 PM

Bid Start Date:2025-11-17

Property Description

This is a residential house located in Ayyappanthangal, Chennai, Tamil Nadu. The property is being auctioned by the Bank of Maharashtra. It presents a valuable opportunity for prospective buyers in a key urban area. The house is a residential asset categorized under SARFAESI auction terms. This property is situated in a well-known locality of Chennai. It is an ideal choice for individuals or families looking to own a home in this region.

State:Tamil Nadu

City:Chennai

Area:Ayyappanthangal

Asset Category:Residential

Full Address:231, EVP Park Avenue, Door No.231, EVP Park Avenue, Ayyappanthangal, Ayyappanthangal, Chennai

Building/Society:EVP Park Avenue

Size:1440 Sq.feet

Auction Description

Bank of Maharashtra is conducting a SARFAESI auction for a residential house in Ayyappanthangal, Chennai. The auction will take place on November 17, 2025, starting at 11:00 AM and concluding at 01:00 PM on the same day. The reserve price for this property is INR 1,08,00,000, with an Earnest Money Deposit (EMD) of INR 10,80,000 required to participate. This is a fantastic opportunity to acquire a house in Chennai through a transparent bank auction process. Interested bidders are advised to review all auction terms and conditions.

Borrower Name:Mr.A.Chandrasekhar

Auction Type:SARFAESI Auction

Guarantor Names:Mrs.C.Manimekalai, Mrs.A.Jayanthi, Mrs.Viji Kailash, M/s.Suriyalaxmi Yarn Mills

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a residential house in Ayyappanthangal, Chennai, offered at a reasonable reserve price. While the location has potential, the terms of the auction require careful consideration. This presents a calculated opportunity for buyers familiar with the local real estate market.

Contact Details

Branch:Branch Office : Coimbatore Zonal Office

Service Provider:ebkray

Contact Details:

Raju R.

Contact no: —

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