Land for auction Avadi Chennai 20 lakh Tata Capital Housing Finance Ltd

Property for Auction in Avadi, Chennai, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
1200 Sq.ft
Reserve Price
20,00,000
Reserve Price
20,00,000
EMD Required
2,00,000
Property Specifications
Society/BuildingSRI LAKSHMI NAGAR
Size1200 Sq.ft
Unit No.19
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Avadi, Chennai
Auction Date IconAuction Date:
18-11-2025 02:00 PM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609904

Bank Name:Tata Capital Housing Finance Ltd

Branch Name:Registered Office : Mumbai

Reserve Price:20,00,000

EMD:2,00,000

Service Provider:bankauctions.in

Important Dates

Submission Date:17-11-2025 05:00 PM

Bid Start Date:18-11-2025 02:00 PM

Property Description

This is a vacant land parcel located in the developed area of Avadi, Chennai, Tamil Nadu. The land is owned by MRS. PARAMESWARI and is being auctioned by Tata Capital Housing Finance Ltd under the SARFAESI Act. It is a residential plot offering a great opportunity for construction. The property is situated in a well-connected locality with essential amenities nearby. Approximate area details can be obtained from the official auction documents. Ideal for individual buyers or developers looking to invest in prime Chennai real estate.

State:Tamil Nadu

City:Chennai

Area:Avadi

Asset Category:Residential

Full Address:19, SRI LAKSHMI NAGAR, Plot No. 19 in "SRI LAKSHMI NAGAR", THIRUNINDRAVUR MADURA MELAKUPPAM VILLAGE (THIRUNINDRAVUR B VILLAGE), Avadi Taluk, Thiruvallur District, Avadi, Chennai

Building/Society:SRI LAKSHMI NAGAR

Size:1200 Sq.ft

Auction Description

Tata Capital Housing Finance Ltd presents a SARFAESI auction for a residential land parcel in Avadi, Chennai. The auction will take place on November 18, 2025, with bidding open from 02:00 PM to 03:00 PM. The reserve price for this property is ₹20,00,000, and the Earnest Money Deposit (EMD) required is ₹2,00,000. This is a prime opportunity to acquire land in a growing urban area. Interested bidders should ensure they have completed all pre-auction formalities, including EMD payment and document submission, before the auction commences.

Borrower Name:MRS. PARAMESWARI

Auction Type:SARFAESI Auction

Guarantor Names:MR. VIGNESHPRABHU M

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property is a vacant land located in Avadi, Chennai, offered at a reasonable reserve price. It presents a calculated investment opportunity due to its location and potential for future development. Auction terms are standard, requiring a careful evaluation of the location and surrounding infrastructure.

Contact Details

Branch:Branch Office : Registered Office : Mumbai

Service Provider:bankauctions.in

Contact Details:

Contact no: —

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