Land for auction 55 LPDM/DDTP.58 - Ambattur - Chennai by City Union Bank

Property for Auction in Ambattur, Chennai, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Ambattur, Chennai
Auction Date IconAuction Date:
20-08-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:19-08-2025 05:00 PM

Bid Start Date:20-08-2025 11:00 AM

Property Description

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

Auction Description

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

Contact Details

Cell Nos. 9382320917, 8925984907

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