Land for auction 4A Saraswathi Nagar, Ambattur, Tiruvallur by Canara Bank

Located in the well-connected Thirumullaivoyal area of Ambattur Taluk, Tiruvallur District, Tamil Nadu, this residential property offers a promising investment for discerning buyers. Situated within Saraswathi Nagar, the property encompasses Flat No. G-1 on the ground floor, providing 560 sq ft of built-up area, which includes common spaces. The sale also includes an undivided share of land, extending to 240 sq ft, out of the total land parcel of 1882 sq ft. This property, identified by its plot number 4A and covered under Survey No. 467/2, is part of a vibrant community with growing infrastructure and amenities. Its strategic location in the Chennai metropolitan region ensures good connectivity and access to essential services, making it an attractive proposition for those seeking a comfortable and accessible home or a sound investment in a developing real estate market.

This SARFAESI auction presents a compelling opportunity to acquire a residential property in Thirumullaivoyal, Chennai, a rapidly developing area within Ambattur Taluk, Tiruvallur District. The property consists of a land and building, specifically Flat No. G-1 on the ground floor, offering a built-up area of 560 sq ft, inclusive of common areas. This represents an undivided share of land measuring 240 sq ft out of a total extent of 1882 sq ft. The reserve price for this asset is INR 1,700,000, with an Earnest Money Deposit (EMD) of INR 170,000 required to participate. The auction is being conducted by Canara Bank, CHENNAI NORTH REGIONAL OFFICE, through their service provider BAANKNET. This sale is a fantastic chance for new buyers to enter the property market in a sought-after location, potentially with significant value appreciation prospects. Further details and participation guidelines can be obtained by contacting the provided numbers.