Property for Auction in Neelangarai, Chennai, Tamil Nadu
Auction ID:582815
Bank Name:Federal Bank
Branch Name:LCRD – COIMBATORE DIVISION
Reserve Price:₹4,30,00,000
EMD:₹43,00,000
Service Provider:Public Auction
Submission Date:21-10-2025 05:00 PM
Bid Start Date:22-10-2025 11:00 AM
Prime land parcel located in the desirable Neelangarai area of Chennai, Tamil Nadu. This residential asset offers a significant opportunity for development or investment in a rapidly growing metropolitan region. Situated in a well-connected locale, the property benefits from proximity to essential amenities and infrastructure. Ideal for discerning buyers seeking a valuable real estate asset in one of South India's key economic hubs.
State:Tamil Nadu
City:Chennai
Area:Neelangarai
Asset Category:Residential
Federal Bank presents a SARFAESI auction for a valuable land property in Neelangarai, Chennai. The auction will commence on October 22, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price is set at ₹4,30,00,000, with an Earnest Money Deposit (EMD) of ₹43,00,000. This is a unique opportunity to acquire a prime plot of land through a secure banking auction process. Do not miss this chance to invest in a sought-after Chennai location.
Borrower Name:Mr.Sri. Ramesh Kumaar. N.
Auction Type:SARFAESI Auction
Contact Number:0422-2302992, 2399740