Property for Auction in Avadi, Chennai, Tamil Nadu
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
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 02:00 PM
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
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
Possession Status:Physical
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Registered Office : Mumbai
Service Provider:bankauctions.in
Contact Details:
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