Property for Auction in Washermenpet, Chennai, Tamil Nadu
Auction ID:543533
Bank Name:Canara Bank
Branch Name:CHENNAI SOUTH REGIONAL OFFICE
Reserve Price:₹2,42,00,000
EMD:₹24,20,000
Service Provider:BAANKNET
Submission Date:18-08-2025 04:00 PM
Bid Start Date:19-08-2025 11:30 AM
This property is a residential land and building located in Washermenpet, a well-developed area in Chennai, Tamil Nadu. Situated in a sought-after locality, it offers convenient access to essential amenities and transportation. The property is being auctioned by Canara Bank under the SARFAESI Act due to default by the borrower, Logitha Trading. It represents a significant real estate asset in a growing urban center, ideal for residential use or investment.
State:Tamil Nadu
City:Chennai
Area:Washermenpet
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential land and building in Washermenpet, Chennai. This is a valuable opportunity to acquire property in a prime location. The auction has a reserve price of INR 2,42,00,000 and an Earnest Money Deposit (EMD) of INR 24,20,000. The auction will be conducted online on August 19, 2025, starting at 11:30 AM and concluding at 12:30 PM. Don't miss this chance to invest in Chennai's real estate market.
Borrower Name:Logitha Trading
Auction Type:SARFAESI Auction
Contact (Mob. No: 9940199813, 9025243215, 9124023536, 7305978760)