Property for Auction in Ambattur, Chennai, Tamil Nadu
Auction ID:543649
Bank Name:State Bank of India
Branch Name:Centralised Retail Asset Monitoring Cell (CRAMC)
Reserve Price:₹33,54,850
EMD:₹3,35,485
Service Provider:BAANKNET
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:30 AM
This auction features a plot of land located in Ambattur, Chennai, Tamil Nadu. Situated in a recognized residential zone, this property offers excellent potential for development or personal use. Ambattur is a key industrial and residential hub in Chennai, known for its connectivity and amenities. The land is being auctioned by the State Bank of India under SARFAESI due to loan default by the borrower, Mr. S. Chitrarasan. This is a straightforward sale of the underlying asset.
State:Tamil Nadu
City:Chennai
Area:Ambattur
Asset Category:Residential
State Bank of India presents a SARFAESI auction for a valuable plot of land in Ambattur, Chennai. This is a prime opportunity to acquire property in a well-established area. The auction will be held online on August 20, 2025, from 11:30 AM to 12:30 PM. The reserve price for this residential land is ₹33,54,850, with an Earnest Money Deposit (EMD) of ₹3,35,485 required to participate. Don't miss this chance to invest in Chennai's growing real estate market.
Borrower Name:Mr. S. Chitrarasan
Auction Type:SARFAESI Auction
Mr Umaa Gopal 9442649601, 8939903909