Land And Building for auction Nandhivaram Kanchipuram 26 lakh Indian Bank

This SARFAESI auction presents a compelling opportunity to acquire a residential land and building located in Chengalpet Taluk, Kanchipuram, Tamil Nadu. The property is part of a liquidation process by Indian Bank concerning the assets of Mr. D. Balaji. Situated in a well-established area, this asset offers potential for residential use or development, making it an attractive prospect for investors and homebuyers alike. The specific details of the land and building dimensions, as well as its exact location within Chengalpet Taluk, can be obtained from the official auction documents.

Indian Bank is conducting a SARFAESI auction for a residential land and building in Chengalpet Taluk, Kanchipuram, Tamil Nadu. The auction is scheduled to commence on November 19, 2025, at 10:00 AM and will conclude at 4:00 PM on the same day. The reserve price for this auction is INR 2,609,000, with an Earnest Money Deposit (EMD) of INR 261,000 required to participate. This is a significant opportunity to purchase a property through a bank-led auction process. Interested bidders are advised to review all terms and conditions provided by Indian Bank prior to the auction date.

The property offers a mix of land and a flat in a developing area. The reserve price seems reasonable, and physical possession reduces risk. However, a careful assessment of local market conditions is advised before bidding.