Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:612059
Bank Name:U GRO CAPITAL LIMITED
Branch Name:Mumbai
Reserve Price:₹1,35,00,000
EMD:₹13,50,000
Bid Increment:₹1,00,000
Auction Time:11 AM to 01 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This is a SARFAESI auction for a valuable Land and Building property located in Thiruvottriyur, Tiruvallur, Tamil Nadu. Previously owned by Sus Transport, this residential asset is being auctioned by U GRO CAPITAL LIMITED. The property presents a significant opportunity for investors or prospective homeowners in a well-established area.
State:Tamil Nadu
City:Tiruvallur
Area:Thiruvottriyur
Asset Category:Residential
Full Address:Annai Gangammal Nagar, Plot Nos 97 & 98 Comprised in S.Nos 616/2, 617, 435/2,430,434,435/1 and 437, T.S. No 5/61, Ward "D", Block No. 8, Patta No.3849 Situated at Annai Gangammal Nagar, 1st Cross Street, Thiruvottriyur, Chennai
Building/Society:Annai Gangammal Nagar
Size:3355 Sq.ft.
Auction Description
U GRO CAPITAL LIMITED is conducting a SARFAESI auction for a Land and Building property in Thiruvottriyur, Tiruvallur, Tamil Nadu. The auction will take place on November 19, 2025, from 11:00 AM to 01:00 PM. The reserve price is set at ₹1,35,00,000, with an Earnest Money Deposit (EMD) of ₹13,50,000 required to participate. This is a prime opportunity to acquire a residential property through a secure bank auction process.
Borrower Name:Sus Transport
Auction Type:SARFAESI Auction
Guarantor Names:Mr Murugan, Mrs. Rajini Murugan
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This property in Thiruvottriyur, Chennai, is a Strong Buy due to its land and building nature, the reasonable reserve price, and its location. The area offers good potential for investment, and the auction terms are favorable for interested buyers.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:Public Auction
Contact Details:
Dinesh M
Contact no:9087856096
