Land And Building for auction Ambattur Chennai 31 lakh TRUHOME FINANCE LIMITED

Property for Auction in Ambattur, Chennai, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
800 Sq.Ft.
Reserve Price
30,87,600
Reserve Price
30,87,600
EMD Required
3,08,760
Property Specifications
Society/BuildingSrinivasa Nagar
Size800 Sq.Ft.
Unit No.42
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Ambattur, Chennai
Auction Date IconAuction Date:
05-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612545

Bank Name:TRUHOME FINANCE LIMITED

Branch Name:Head Office : Mumbai

Reserve Price:30,87,600

EMD:3,08,760

Bid Increment:10,000

Auction Time:11:00 A.M. to 01.00 p.m.

Service Provider:bankeauctions.com / C1 India

Important Dates

Submission Date:2025-12-04

Bid Start Date:2025-12-05

Property Description

Discover a prime investment opportunity with this Land and Building property located in Ambattur, Chennai. Situated in the vibrant state of Tamil Nadu, this asset offers significant potential for residential development or personal use. The property is part of a SARFAESI auction conducted by TRUHOME FINANCE LIMITED. With a reserve price of ₹30,87,600 and an Earnest Money Deposit (EMD) of ₹3,08,760, this is a compelling offer for discerning buyers looking to enter the Chennai real estate market.

State:Tamil Nadu

City:Chennai

Area:Ambattur

Asset Category:Residential

Full Address:42, Srinivasa Nagar, Plot No.42 situated at Kamarajar Street, Srinivasa Nagar, Oragadan Village, Ambattur Tk, Chennai Dt., Ambattur, Chennai

Building/Society:Srinivasa Nagar

Size:800 Sq.Ft.

Auction Description

TRUHOME FINANCE LIMITED presents a SARFAESI auction for a Land and Building property in Ambattur, Chennai. The auction is scheduled for December 5, 2025, commencing at 11:00 AM and concluding at 01:00 PM. The property, formerly associated with borrower Miss. Meghana KR, has a reserve price of ₹30,87,600. A mandatory EMD of ₹3,08,760 must be submitted to participate. This auction provides a unique chance to acquire a valuable asset in a sought-after area of Tamil Nadu.

Borrower Name:Miss. Meghana KR

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. Sheejakumari

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not known

Why This Property

Located in Ambattur, Chennai, this land and building offers potential for development or investment. The reserve price appears reasonable for the area, but potential buyers should carefully assess the market value and any associated risks before bidding. Symbolic possession adds a layer of complexity.

Contact Details

Branch:Branch Office : Head Office : Mumbai

Service Provider:bankeauctions.com / C1 India

Contact Details:

James Clement

Contact no:7200281906

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