Land And Building for auction Madanandapuram Village Kanchipuram 96 lakh IDBI Bank

This offering presents a valuable opportunity to acquire land and a building in the Sriperumbudur Taluk of Kanchipuram, Tamil Nadu. Situated in a developing region, this residential asset is being auctioned by IDBI Bank under SARFAESI regulations. The property is ideal for those looking to invest in real estate with potential for growth. Its location offers accessibility to key amenities and transportation networks.

IDBI Bank is conducting a SARFAESI auction for a Land and Building property located in Sriperumbudur Taluk, Kanchipuram, Tamil Nadu. The auction will take place on November 19, 2025, with bidding open from 10:45 AM to 11:45 AM. The reserve price is set at INR 96,00,000, and the Earnest Money Deposit (EMD) required is INR 9,60,000. This is a prime opportunity for prospective buyers to secure a property through a transparent auction process.

The property is located in Sriperumbudur, an industrial hub near Chennai, offering potential for appreciation. The reserve price seems reasonable; however, prospective buyers should conduct thorough due diligence. It represents a calculated opportunity, balancing location benefits with potential risks.