Land for auction 240 Document, Poonainallee, Tiruvallur by SBI

This offering features a prime plot of land located in Poonainallee Taluk, Tiruvallur district, Tamil Nadu. Classified under residential asset category, this land presents a canvas for various development possibilities. Situated in a region known for its growth potential, the property is ideally positioned for future appreciation. The area benefits from the developing infrastructure and connectivity within the Tiruvallur district. This land is a direct sale facilitated by the State Bank of India through a SARFAESI auction, offering a transparent and regulated transaction process for prospective buyers.

State Bank of India presents a SARFAESI auction for a valuable plot of land in Poonainallee Taluk, Tiruvallur, Tamil Nadu. This is an excellent opportunity for investors and developers. The auction will commence on August 30, 2025, at 11:30 AM and conclude at 02:30 PM on the same day. The reserve price for this residential land is ₹18,00,000, with an Earnest Money Deposit (EMD) of ₹1,80,000 required to participate. The property is being auctioned due to a loan default by the borrower, Mr. Imran D. Secure your investment in a rapidly developing area.