Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610533
Bank Name:Bank of Baroda
Branch Name:ROSARB : Chennai
Reserve Price:₹51,00,000
EMD:₹5,10,000
Bid Increment:₹25,000
Service Provider:BAANKNET
Important Dates
Submission Date:22-11-2025 05:00 PM
Bid Start Date:24-11-2025 02:00 PM
Property Description
This is a SARFAESI auction for a Land and Building asset located in Ponneri tal, Tiruvallur, Tamil Nadu. The property is categorized as Residential and is being auctioned by Bank of Baroda. The borrower's name is M/s Aadhi Textiles.
State:Tamil Nadu
City:Tiruvallur
Area:Ponneri tal
Asset Category:Residential
Full Address:5/51B, MGR Street, Sirunium Sholavaram, Thiruvallur District, Sirunium Sholavaram, Thiruvallur
Size:4360 Sq.ft
Auction Description
Bank of Baroda presents a SARFAESI auction for a Land and Building property in Ponneri tal, Tiruvallur, Tamil Nadu. The auction will take place on November 24, 2025, starting at 02:00 PM and concluding at 06:00 PM. The reserve price for this residential asset is ₹51,00,000, with an Earnest Money Deposit (EMD) of ₹5,10,000.
Borrower Name:M/s Aadhi Textiles
Auction Type:SARFAESI Auction
Guarantor Names:Mr. B Rajini Mohan
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Tiruvallur and the relatively reasonable reserve price. While not a prime investment, the land and building offer potential for future appreciation. The auction terms are standard, but prospective buyers should conduct thorough due diligence.
Contact Details
Branch:Branch Office : ROSARB : Chennai
Service Provider:BAANKNET
Contact Details:
Contact no:044-28885428
