Land for auction 148 Sholinganallur, Chennai by SBI

This auction property is a Land And Building located in the bustling area of Sholinganallur, Chennai, Tamil Nadu. The property is part of a SARFAESI action initiated by the State Bank of India concerning the borrower Mr. Alagusundaram.B. Sholinganallur is a rapidly growing IT corridor and residential hub, offering excellent connectivity and potential for appreciation. The asset category is residential, making it suitable for individual home buyers or developers. The site provides a good foundation for building or developing a residential complex, capitalizing on the area's demand.

State Bank of India presents a SARFAESI Auction for a residential property in Sholinganallur, Chennai. The auction features Land And Building assets belonging to Mr. Alagusundaram.B. The reserve price is set at ₹47,05,200 with an Earnest Money Deposit (EMD) of ₹4,70,520. This is a prime opportunity for investors and buyers looking to acquire property in the developing area of Sholinganallur. The auction will be conducted online on August 20, 2025, from 11:30 AM to 12:30 PM. Don't miss this chance to own a valuable asset through a transparent bidding process.