Land And Building for auction Thyagaraya Nagar Chennai by Indian Bank

This auction features a prime Land and Building asset in the well-established area of Thyagarayar Nagar, Chennai, Tamil Nadu. The property, previously owned by M/s.SARAVANA STORES, is categorized as residential. Its strategic location in a prominent commercial and residential hub of Chennai offers excellent connectivity and potential for future development or use. The property is being auctioned by Indian Bank under the SARFAESI Act, presenting a unique opportunity for astute investors or end-users.

Indian Bank is conducting a SARFAESI auction for a Land and Building property located in Thyagarayar Nagar, Chennai, Tamil Nadu. The auction commences on September 25, 2025, at 11:00 AM and concludes on the same day at 04:00 PM. The reserve price for this asset is ₹32,02,00,000, with an Earnest Money Deposit (EMD) of ₹3,20,00,000 required to participate. This is a significant opportunity to acquire a valuable property in a sought-after Chennai locality.