Land for auction 7 Thiruvottiyur Villa, Thiruvottriyur, Tiruvallur by CSB Bank

Discover a compelling opportunity in Thiruvottriyur, Tiruvallur District, Tamil Nadu, with this residential land parcel spanning 3408 Sq. Ft., offered through a CSB Bank auction. Strategically located in Sundrapandiyan Nagar, Thiruvottriyur Village, this plot holds significant potential for new property buyers looking to build their dream home or make a sound investment. The property benefits from clear boundaries: a 40-foot wide road to the South and an 8-foot road to the West, ensuring excellent accessibility and development prospects. Its precise identification via SN No.16/1 part, S.No.16/2 part, TS No.44/2, 44/5, Ward No.1, Block-1, underscores its well-defined status. Thiruvottriyur's evolving infrastructure and connectivity make this land an attractive proposition for long-term appreciation, offering a perfect blend of urban convenience and tranquil residential living for aspiring homeowners.

This bank auction, conducted by CSB Bank under the SARFAESI Act, presents a significant opportunity for new property buyers. The e-auction for this prime land parcel is scheduled for February 25, 2025, commencing at 10:30 AM and concluding at 11:30 AM. Prospective bidders must submit their applications by February 24, 2025, 12:00 PM. The Reserve Price for this asset is set at 36,900,000.00, requiring an Earnest Money Deposit (EMD) of 3,690,000.00. It is crucial for first-time bidders to understand that the EMD is refundable if you are not the successful bidder. The auction will be facilitated by drt.auctiontiger.net. We strongly advise interested parties to conduct thorough due diligence, including legal and physical verification of the property, and to contact the bank directly via provided numbers (94435 48411, 9605791659, 9846157188) for any clarifications regarding the auction process or property details.