Property for Auction in Ambattur, Chennai, Tamil Nadu
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
Submission Date:2025-12-04
Bid Start Date:2025-12-05
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.
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
Possession Status:Symbolic
Encumbrance Details:Not known
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.
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
James Clement
Contact no:7200281906