Land And Building for auction Vandalur Chengalpattu 52 lakh Indian Bank

This is a SARFAESI auction by Indian Bank for a residential land and building located in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The property is associated with borrower Mr. Dharman Govindasamy. This is an excellent opportunity to acquire a property in a well-known area of Tamil Nadu. The auction details specify a reserve price and EMD, making it a transparent bidding process. Further details regarding the specific location and land extent can be obtained from the official auction notice.

Indian Bank presents a SARFAESI auction for a residential land and building in Kanchipuram, Tamil Nadu. The auction is scheduled for December 5, 2025, running from 10:00 AM to 04:00 PM. The reserve price is set at 51,50,000.00, with an Earnest Money Deposit (EMD) of 5,15,000.00. This auction offers a unique chance to bid on a property situated in Chengalpattu Taluk. Interested bidders are advised to review all auction terms and conditions, available through Indian Bank, before participating in this SARFAESI auction.

The property presents a calculated opportunity due to its location in Vandalur, a developing area near Chennai. The reserve price seems reasonable for the land and building, but potential investors should assess the area's growth prospects and compare similar property values before bidding. Auction terms appear standard.