Property for Auction in Kosapet, Chennai, Tamil Nadu
Auction ID:580125
Bank Name:Asset Reconstruction Company (India) Ltd. (Arcil)
Branch Name:Dadar West, Mumbai
Reserve Price:₹1,51,72,000
EMD:₹15,17,200
Service Provider:Public Auction
Submission Date:24-10-2025 05:00 PM
Bid Start Date:27-10-2025 02:30 PM
This offering presents a prime piece of land located in Kosapet, Chennai, Tamil Nadu. This residential plot is part of a SARFAESI auction conducted by Asset Reconstruction Company (India) Ltd. (Arcil). The property is situated in a well-established area of Chennai, offering potential for residential development. The borrower is Mr. Shri Balaji Marketing. This is a direct opportunity to acquire land in a sought-after urban location. All details regarding the land dimensions and specific zoning regulations should be verified by interested bidders.
State:Tamil Nadu
City:Chennai
Area:Kosapet
Asset Category:Residential
Asset Reconstruction Company (India) Ltd. (Arcil) is conducting a SARFAESI auction for a valuable land parcel in Kosapet, Chennai, Tamil Nadu. The auction begins on October 27, 2025, at 02:30 PM and concludes on the same day at 03:30 PM. The reserve price for this property is ₹1,51,72,000, with an Earnest Money Deposit (EMD) of ₹15,17,200 required to participate. This auction provides a unique chance to acquire a significant land asset. Bidders are strongly advised to conduct thorough due diligence on the property and understand all auction terms and conditions before participating.
Borrower Name:Mr. Shri Balaji Marketing
Auction Type:SARFAESI Auction
Contact person & number Mahesh Bangera 9004173256 ,Karthikeyan Jayavel- 9841415252 ,Vijayaraj 9551714945