Property for Auction in Ambattur Taluk, Tiruvallur, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613119
Bank Name:Debts Recovery Tribunal
Branch Name:Nungambakkam, Chennai
Reserve Price:₹34,00,000
EMD:₹3,40,000
Bid Increment:₹50,000
Auction Time:11:00 hrs to 12:00 hrs
Service Provider:bankeauctions.com / C1 India
Submission Date:2025-12-08
Bid Start Date:2025-12-10
Prime land parcel located in Ambattur Taluk, Tiruvallur, Tamil Nadu. This residential land offers a significant opportunity for development or investment in a rapidly growing area. The property is being auctioned by the Debts Recovery Tribunal. Situated in a key region, it benefits from the infrastructure and connectivity of Tiruvallur. Ideal for those looking to acquire land for residential projects or future expansion. A noteworthy asset in a sought-after location.
State:Tamil Nadu
City:Tiruvallur
Area:Ambattur Taluk
Asset Category:Residential
Full Address:G1, O.V.Azhagessan Nagar, Ambattur Village, Ambattur Taluk, Thiruvallur District, Ambattur, Tiruvallur
Size:2327 sq.ft
This is a Debts Recovery Tribunal (DRT) auction for a residential land in Ambattur Taluk, Tiruvallur, Tamil Nadu. The auction will be conducted online on December 10, 2025, between 11:00 AM and 12:00 PM. The reserve price for this valuable land is INR 34,00,000, with an Earnest Money Deposit (EMD) of INR 3,40,000 required to participate. This is a secured auction process, offering a transparent and competitive bidding environment for potential buyers interested in acquiring property in the Tiruvallur district.
Borrower Name:Mr.R.Hari Krishnan
Auction Type:DRT Auction
Encumbrance Details:Not Known to Bank
The property's location in Ambattur and the inclusion of both land and a flat offer potential. The reserve price seems reasonable, but further due diligence is needed to assess the flat's condition and the overall encumbrance status. This opportunity warrants a calculated approach.
Branch:Branch Office : Nungambakkam, Chennai
Service Provider:bankeauctions.com / C1 India
Contact Details:
R.Aparna
Contact no:9444960606