Property Type:
Location:
Auction Date:Auction Details
Auction ID:552018
Bank Name:State Bank of India
Branch Name:Centralised Retail Asset Monitoring Cell (CRAMC)
Reserve Price:₹47,76,000
EMD:₹4,77,600
Service Provider:BAANKNET
Important Dates
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:30 AM
Property Description
This auction features a parcel of land located in Ambattur Taluk, Tiruvallur, within the state of Tamil Nadu. The property is offered by the State Bank of India under SARFAESI regulations. It is categorized as a residential asset. This is a direct opportunity to purchase land, presented by the bank due to the borrower, Mr. M. Rajangam, defaulting on obligations. The property is situated in a region with potential for residential development.
State:Tamil Nadu
City:Tiruvallur
Area:Ambattur Taluk
Asset Category:Residential
Auction Description
State Bank of India is conducting a SARFAESI auction for land in Ambattur Taluk, Tiruvallur, Tamil Nadu. The auction will be held on August 30, 2025, from 11:30 AM to 02:30 PM. The reserve price is ₹47,76,000, with an Earnest Money Deposit (EMD) of ₹4,77,600. This is an opportunity to acquire land in a developing area. For further details, please refer to the official auction notice.
Borrower Name:Mr. M. Rajangam
Auction Type:SARFAESI Auction
Contact Details
Mrs. Umaa Gopal, Chief Manager, Mobile: 9442649601,Mr. Venkatakrishnan, Deputy Manager, Mobile: 9003766818
