Property for Auction in Madhavaram, Tiruvallur, Tamil Nadu
Auction ID:544693
Bank Name:Asset Reconstruction Company (India) Ltd. (Arcil)
Branch Name:Dadar West, Mumbai
Reserve Price:₹60,82,000
EMD:₹6,08,200
Service Provider:Public Auction
Submission Date:01-08-2025 05:00 PM
Bid Start Date:04-08-2025 12:00 PM
Located in Madhavaram, Tiruvallur, Tamil Nadu, this residential property comprises land and a building. The asset is being auctioned by Asset Reconstruction Company (India) Ltd. (Arcil) under the SARFAESI Act. The property offers a potential investment in a growing region, suitable for residential development or personal use. Detailed property inspection and legal due diligence are recommended for all prospective bidders before participating in the auction.
State:Tamil Nadu
City:Tiruvallur
Area:Madhavaram
Asset Category:Residential
Asset Reconstruction Company (India) Ltd. (Arcil) presents a SARFAESI auction for a prime property in Madhavaram, Tiruvallur, Tamil Nadu. This is a unique opportunity to acquire a Land and Building asset, formerly belonging to Mr. Rajasekaran Nateson. The auction commences on August 4, 2025, at 12:00 PM and concludes on September 4, 2025, at 01:00 PM. The reserve price is set at ₹60,82,000, with an Earnest Money Deposit (EMD) of ₹6,08,200 required to participate. Don't miss this chance to invest in a developing area.
Borrower Name:Mr. Rajasekaran Nateson
Auction Type:SARFAESI Auction
Contact Person : Mahesh Bangera-9004173256 / Karthikeyan Jayavel-9841415252 / Vijayaraj-9551714945