Property for Auction in Chengalpattu Taluk, Kanchipuram, Tamil Nadu
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
Submission Date:02-12-2025 05:00 PM
Bid Start Date:2025-12-03
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540