Land And Building for auction Chembarambakkam Kanchipuram 1 Cr Asset Reconstruction Company (India) Ltd. (Arcil)

This offering presents a valuable land and building asset located in Sriperumbudur Taluk, Kanchipuram, Tamil Nadu. Situated within a prominent industrial and commercial hub, this property offers significant potential for development or commercial use. The parcel includes an existing building, adding to its immediate utility. Benefiting from its strategic location in Tamil Nadu, it provides excellent connectivity and access to regional infrastructure. This asset is part of a SARFAESI auction, representing a unique opportunity for investors and developers seeking to acquire property in a high-growth area. The borrower for this asset is B. R. Jewellers.

Asset Reconstruction Company (India) Ltd. (Arcil) is conducting a SARFAESI auction for a land and building property in Sriperumbudur Taluk, Kanchipuram, Tamil Nadu. The auction will take place on October 30, 2025, with bidding open from 02:30 PM to 03:30 PM IST. The reserve price for this residential asset is INR 1,41,00,000, and the Earnest Money Deposit (EMD) required is INR 14,10,000. This is a prime opportunity to acquire a property in a key economic region of Tamil Nadu. Interested parties should review all auction terms and conditions provided by Arcil.