Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612520
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - II
Reserve Price:₹51,95,000
EMD:₹5,19,500
Bid Increment:₹50,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Property Description
This is a SARFAESI auction property located in Ambattur Taluk, Tiruvallur, Tamil Nadu. The property is a land and building, categorized as residential, and is being auctioned by the State Bank of India. The borrower is Mrs. Preethi. The auction is scheduled to take place on November 25, 2025, from 11:00 AM to 4:00 PM.
State:Tamil Nadu
City:Tiruvallur
Area:Ambattur Taluk
Asset Category:Residential
Full Address:Plot No.36C, Flat No. B-1, DAD's VILLA, No.81, Mogappair Village Ambattur Taluk, Thiruvallur District, Comprised in Survey No.429/1 as per SLRPatta RPT No 153936/2012, New Survey No.429/1 Part & 430/2 Part and Ward "H", Block 17, T.S.No.329/2,bearing Plot No.36C, Susila Jayapriya Street, Golden George Nagar, Mogappair East, Chennai 600 037, Mogappair East, Chennai
Building/Society:DAD's VILLA
Size:1800 Sq. ft.
Auction Description
State Bank of India is conducting a SARFAESI auction for a residential land and building in Ambattur Taluk, Tiruvallur, Tamil Nadu. The reserve price for this auction is INR 51,95,000, with an Earnest Money Deposit (EMD) of INR 5,19,500. The auction will be held on November 25, 2025, with bidding open from 11:00 AM to 4:00 PM. This is an excellent opportunity to acquire a property in a developing area.
Borrower Name:Mrs.Preethi
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:NIL
Why This Property
Located in Mogappair East, Chennai, this land and building property presents a good investment opportunity. The reasonable reserve price and clear auction terms, combined with the property's location, make it a strong buy for potential investors looking for bank auction property.
Contact Details
Branch:Branch Office : Stressed Asset Recovery Branch - II
Service Provider:BAANKNET
Contact Details:
Shri. Kailash Chandra Meena
Contact no:8699009584
