Land And Building for auction Periya Natham Chengalpattu 21 lakh Edelweiss Asset Reconstruction Company Limited

Property for Auction in Chengalpattu Taluk, Kanchipuram, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
629 Square feet
Reserve Price
21,40,000
Reserve Price
21,40,000
EMD Required
2,14,000
Property Specifications
Size629 Square feet
Unit No.63
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Chengalpattu Taluk, Kanchipuram
Auction Date IconAuction Date:
03-12-2025 11:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609463

Bank Name:Edelweiss Asset Reconstruction Company Limited

Branch Name:Retail Central & Regd. Office: Mumbai

Reserve Price:21,40,000

EMD:2,14,000

Auction Time:11:30 AM

Service Provider:edelweiss arc

Important Dates

Submission Date:02-12-2025 05:00 PM

Bid Start Date:2025-12-03

Property Description

This auction features a residential land and building located in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The property is offered by Edelweiss Asset Reconstruction Company Limited under the SARFAESI Act. It represents an opportunity to acquire a real estate asset in a developing area. Further details regarding the exact location, dimensions, and condition of the property will be made available to interested bidders.

State:Tamil Nadu

City:Kanchipuram

Area:Chengalpattu Taluk

Asset Category:Residential

Full Address:63, Door No.63, Kathan Street, Periya Natham, Chengalpattu Town, Kancheepuram District, Periya Natham, Chengalpattu

Size:629 Square feet

Auction Description

Edelweiss Asset Reconstruction Company Limited presents a SARFAESI auction for a residential land and building in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The auction has a reserve price of ₹21,40,000 and requires an Earnest Money Deposit (EMD) of ₹2,14,000. Bidding will take place on December 3, 2025, between 11:30 AM and 12:30 PM. This is a prime opportunity for investors and individuals seeking property in the Kanchipuram region. Interested parties should review all auction terms and conditions before participating.

Borrower Name:Mr. ELUMALAI V

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. BAVANI ELUMALAI K

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property's location in Chengalpattu, a developing area in Tamil Nadu, presents a calculated opportunity. While the reserve price appears reasonable, potential investors should thoroughly assess local market conditions and future growth prospects before bidding. Given the nature of land and building investment, due diligence is critical for a successful outcome.

Contact Details

Branch:Branch Office : Retail Central & Regd. Office: Mumbai

Service Provider:edelweiss arc

Contact Details:

Contact no:18002666540

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