Industrial Land for auction Kumaran Nagar Semmencheri Kanchipuram by Tamilnad Mercantil...

This offering is for industrial land situated in Semmencheri Village, Sholinganallur Taluk, within the Kanchipuram District of Tamil Nadu. The property is divided into three parts, with Part A measuring 6,757 sq.ft. (15.5 cents), Part B measuring 240 sq.ft., and Part C measuring 1,020 sq.ft., totaling 7,800 sq.ft. The land is described by its boundaries, highlighting its position relative to adjacent plots and a road. The location in Sholinganallur is a significant advantage, an area known for its growing industrial and IT presence, offering excellent connectivity and potential for future appreciation. This land is an equitable mortgage asset from M/s. Ransan Packaging Pvt Ltd. The latitude and longitude provided (12.874384, 80.229881) will be crucial for site visits and understanding the exact positioning within the Semmencheri landscape. This is a prime opportunity for investors or businesses looking to establish a presence in a thriving industrial corridor.

This SARFAESI auction presents a unique opportunity to acquire industrial land in the rapidly developing Sholinganallur area of Kanchipuram, Tamil Nadu. The property, offered by Tamilnad Mercantile Bank Limited, comprises a total of 7,800 sq.ft. spread across multiple survey numbers (11/3A1 part, 11/3A1A3, and 11/3A/1A4) in Semmencheri Village. Its strategic location benefits from proximity to key infrastructure and commercial hubs, making it ideal for industrial development or investment. The auction is being conducted online via drt.auctiontiger.net, with the bidding process scheduled to commence on July 31, 2025, and conclude at 1:00 PM. A significant earnest money deposit (EMD) of INR 18,90,000 is required, with a reserve price set at INR 1,89,00,000. Prospective buyers are advised to thoroughly review the sale notice for detailed terms, conditions, and property specifics. Application submission deadline is July 30, 2025.