Property for Auction in Ambattur, Chennai, Tamil Nadu
Auction ID:551296
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹6,30,00,000
EMD:₹63,00,000
Service Provider:Public Auction
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:00 AM
A significant plot of land located in the well-established area of Ambattur, Chennai, Tamil Nadu. This residential land offers a substantial opportunity for development or investment. Situated in a key commercial and industrial hub, the property benefits from excellent connectivity and infrastructure. Ambattur is a rapidly growing locality with a mix of residential and commercial developments, making it an attractive prospect for real estate ventures. The land is being auctioned by City Union Bank as part of a SARFAESI action.
State:Tamil Nadu
City:Chennai
Area:Ambattur
Asset Category:Residential
City Union Bank presents a SARFAESI auction for a prime land parcel in Ambattur, Chennai, Tamil Nadu. This is an opportunity to acquire valuable real estate directly from the bank. The property is associated with borrower Mr. R. Balaji. The auction will be conducted online on August 20, 2025, from 11:00 AM to 1:00 PM. The reserve price for this residential land is INR 6,30,00,000, with an Earnest Money Deposit (EMD) of INR 63,00,000 required to participate. Don't miss this chance to invest in a sought-after location.
Borrower Name:Mr. R. Balaji
Auction Type:SARFAESI Auction
Cell Nos. 9382320917, 8925984907