Property Type:
Location:
Auction Date:Auction Details
Auction ID:552067
Bank Name:IDBI Bank
Branch Name:Retail Recovery
Reserve Price:₹2,55,50,000
EMD:₹25,55,000
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:03-09-2025 05:00 PM
Bid Start Date:04-09-2025 02:30 PM
Property Description
This auction features a significant plot of land located in Madhavaram, within the Tiruvallur district of Tamil Nadu. The property is categorized as residential land, offering excellent potential for development. Situated in a region known for its growth, this land presents a compelling investment opportunity. The borrower associated with this asset is Shri. Sivabalan M. Ideal for those looking to invest in land with future appreciation prospects.
State:Tamil Nadu
City:Tiruvallur
Area:Madhavaram
Asset Category:Residential
Auction Description
IDBI Bank presents a SARFAESI auction for a residential land parcel in Madhavaram, Tiruvallur, Tamil Nadu. The auction, held on September 4, 2025, from 2:30 PM to 3:30 PM, has a reserve price of INR 2,55,50,000 and an Earnest Money Deposit (EMD) of INR 25,55,000. This is a prime opportunity for investors and developers to acquire a valuable plot in a developing area. Don't miss out on this significant real estate transaction.
Borrower Name:Shri. Sivabalan M
Auction Type:SARFAESI Auction
Contact Details
Smt.R.Aparna on (L) 044 22202190 (M) 94449 60606,KV Subramanian on (M) 97907 81245
