Land for auction 9 Comprised Nesapakkam, Chennai by Bank of Baroda

Property for Auction in Nesapakkam, Chennai, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Nesapakkam, Chennai
Auction Date IconAuction Date:
25-08-2025 02:00 PM

Auction Details

Auction ID:554160

Bank Name:Bank of Baroda

Branch Name:ROSARB : Chennai

Reserve Price:1,29,00,000

EMD:12,90,000

Service Provider:BAANKNET

Important Dates

Submission Date:23-08-2025 05:00 PM

Bid Start Date:25-08-2025 02:00 PM

Property Description

This auction features a parcel of land located in Nesapakkam, a well-connected area within Chennai, Tamil Nadu. Classified as residential land, it offers significant potential for development. Previously mortgaged by M/s Victory Electric, the property is now available through a SARFAESI auction by Bank of Baroda. The land is situated in a growing locality, making it an attractive proposition for investors and developers alike. Its proximity to essential amenities and infrastructure enhances its value.

State:Tamil Nadu

City:Chennai

Area:Nesapakkam

Asset Category:Residential

Auction Description

Bank of Baroda presents a SARFAESI auction for land in Nesapakkam, Chennai, Tamil Nadu. This is a prime opportunity to acquire a residential plot. The reserve price is ₹1,29,00,000, with an Earnest Money Deposit (EMD) of ₹12,90,000 required. The auction will be conducted online on August 25, 2025, from 2:00 PM to 6:00 PM. Don't miss this chance to invest in a desirable location. Contact Bank of Baroda for further details and bidding procedures.

Borrower Name:M/s Victory Electric

Auction Type:SARFAESI Auction

Contact Details

authorized officer on Tel No. 044-23454221/97899 74307

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