Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609465
Bank Name:Edelweiss Asset Reconstruction Company Limited
Branch Name:Retail Central & Regd. Office: Mumbai
Reserve Price:₹30,00,000
EMD:₹3,00,000
Auction Time:12:30 PM
Service Provider:edelweiss arc
Important Dates
Submission Date:02-12-2025 05:00 PM
Bid Start Date:2025-12-03
Property Description
A valuable Land and Building property located in the bustling area of Vadapalani, Chennai, Tamil Nadu. This asset presents a unique opportunity for investment or personal use in a prime urban location. The property is being auctioned by Edelweiss Asset Reconstruction Company Limited.
State:Tamil Nadu
City:Chennai
Area:Vadapalani
Asset Category:Residential
Full Address:F-2, Plot No.2, Old Door No. 12a (Part). New Door No.45 (Part), Thirunagar 4th Street. Vadapalani, Chennai- 600 026 Of Puliyur Village, Egmore- Nungambakkam Taluk Comprised In Paimash No.116, 117, 118 & 119 T.S.No. 7/2, As Per Patta New T.S.No.7/69, Block No.2, Vadapalani, Chennai
Size:390 Sq.Ft.
Auction Description
This is a SARFAESI auction for a Land and Building property in Vadapalani, Chennai, conducted by Edelweiss Asset Reconstruction Company Limited. The auction will take place on December 3, 2025, with bidding open from 12:30 PM to 01:30 PM. The reserve price is ₹30,00,000, and the Earnest Money Deposit (EMD) required is ₹3,00,000. This is an excellent opportunity to acquire a property through a transparent auction process.
Borrower Name:Mrs. J Mary Gnanaselvi
Auction Type:SARFAESI Auction
Guarantor Names:Mr. John Edwin Raj T
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location in Vadapalani, Chennai, a well-established area, adds to its appeal. The land and building auction provides an opportunity to acquire a potentially valuable asset, but the price point and auction terms should be carefully evaluated before investing.
Contact Details
Branch:Branch Office : Retail Central & Regd. Office: Mumbai
Service Provider:edelweiss arc
Contact Details:
Contact no:18002666540
