Land And Building for auction Kodambakkam Chennai 43 lakh State Bank of India

This is a SARFAESI auction conducted by the State Bank of India for a Land and Building property in Kodambakkam, Chennai, Tamil Nadu. The property is residential in nature, previously owned by Mr. K Kamatadoss. It is an excellent opportunity for investors or homebuyers looking for a property in a prime Chennai locality. The auction is a straightforward sale process, aiming to recover dues from the borrower. Detailed inspection and legal due diligence are advised before participation.

State Bank of India presents a SARFAESI auction for a Land and Building property in Kodambakkam, Chennai, Tamil Nadu. The auction begins on December 10, 2025, at 11:00 AM and concludes at 4:00 PM on the same day. The reserve price is set at ₹43,35,000, with an Earnest Money Deposit (EMD) of ₹4,33,500 required to participate. This is a direct sale opportunity for interested buyers. Please ensure all documentation and financial arrangements are in order prior to the auction.

The property's location in Kodambakkam, Chennai, a well-established residential area, adds to its value. While the price seems reasonable, potential buyers should thoroughly assess the property and its surrounding legal status before bidding, given the mixed-use nature of the property (land, building, and flat) and the existing building on the land.