Property for Auction in Mylapore, Chennai, Tamil Nadu
Auction ID:549901
Bank Name:DCB Bank
Branch Name:chennai
Reserve Price:₹1,20,00,000
EMD:₹12,00,000
Service Provider:bankeauctions.com / C1 India
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:30 AM
This listing is for a parcel of land located in the well-established and desirable area of Mylapore, Chennai, Tamil Nadu. As a residential asset, this land offers significant potential for development, whether for personal use or investment. Mylapore is known for its cultural significance, excellent infrastructure, and connectivity, making it a prime real estate destination. The property is being auctioned by DCB Bank following the SARFAESI Act procedures. Ideal for those looking to build their dream home or capitalize on a strategic land acquisition in one of Chennai's most prestigious neighborhoods.
State:Tamil Nadu
City:Chennai
Area:Mylapore
Asset Category:Residential
DCB Bank presents a SARFAESI auction for valuable land in Mylapore, Chennai, Tamil Nadu. This is a prime opportunity to acquire a residential plot in a sought-after location. The auction will commence on August 20, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this asset is INR 1,20,00,000, with an Earnest Money Deposit (EMD) of INR 12,00,000 required to participate. This auction is conducted under the SARFAESI Act, offering a transparent process for potential buyers. Don't miss this chance to invest in a property in the heart of Chennai.
Borrower Name:Mrs. Ganesan Kapaleeswaran
Auction Type:SARFAESI Auction
Contact Mobile No : 9160005011 / 01 / 09