Land for auction 36 Pallavaram, Kanchipuram by Indian Overseas Bank

This is a vacant residential land located in Pallavaram, Kanchipuram, Tamil Nadu. The plot offers a good opportunity for residential development. Situated in a well-established locality, the land benefits from access to local amenities and infrastructure. Pallavaram is a growing area within Kanchipuram, making this a potentially attractive investment for builders and individuals looking to construct their dream home or develop a residential project.

Indian Overseas Bank presents a SARFAESI auction for a prime residential land parcel in Pallavaram, Kanchipuram, Tamil Nadu. The auction, conducted under the SARFAESI Act, is for a property formerly belonging to Mr. Ranjith Thankappan. The bidding starts on August 21, 2025, at 11:00 AM and concludes at 3:00 PM on the same day. The reserve price is set at INR 1,18,75,000, with an Earnest Money Deposit (EMD) of INR 11,88,000. This is a significant opportunity to acquire a valuable land asset in a developed area.