Property for Auction in Nesapakkam, Chennai, Tamil Nadu
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
Submission Date:23-08-2025 05:00 PM
Bid Start Date:25-08-2025 02:00 PM
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
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
authorized officer on Tel No. 044-23454221/97899 74307