Property for Auction in Guindy, Chennai, Tamil Nadu
Auction ID:579818
Bank Name:U GRO CAPITAL LIMITED
Branch Name:Mumbai
Reserve Price:₹2,57,18,647
EMD:₹25,71,865
Service Provider:Public Auction
Submission Date:29-09-2025 05:00 PM
Bid Start Date:30-09-2025 11:00 AM
A prime Land and Building property located in the well-connected area of Guindy, Chennai, Tamil Nadu. This asset, offered by U GRO CAPITAL LIMITED, presents a unique opportunity for investment or development. The property is situated in a key commercial and residential hub, ensuring excellent accessibility and potential for appreciation. Its categorization as residential suggests suitability for various purposes, be it for personal use or as a rental income generator. This is an excellent chance to acquire a significant asset in a rapidly developing part of Chennai.
State:Tamil Nadu
City:Chennai
Area:Guindy
Asset Category:Residential
U GRO CAPITAL LIMITED is conducting a SARFAESI auction for a Land and Building property in Guindy, Chennai, Tamil Nadu. The auction is scheduled for September 30, 2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price for this significant asset is INR 2,57,18,647.0, and the Earnest Money Deposit (EMD) required is INR 25,71,865.0. This is a direct opportunity to acquire property through a bank auction, with the borrower being ETS SAFETY SYSTEMS PRIVATE LIMITED. Interested parties should review all auction terms and conditions prior to participating.
Borrower Name:ETS SAFETY SYS- TEMS PRIVATE LIMITED
Auction Type:SARFAESI Auction
Contact Number- 9087856096 (Mr. Dinesh M)