Land for auction Ayanambakkam Chennai 45 lakh State Bank of India

This auction features a prime plot of land in Ayanambakkam, Chennai, Tamil Nadu, offered by the State Bank of India. Situated in a well-connected urban locality, this residential land presents an excellent opportunity for development or investment. The property is part of a SARFAESI auction, providing a clear title for prospective buyers. Its location in Chennai ensures access to essential amenities and future growth potential. Don't miss this chance to acquire valuable real estate in a thriving area.

State Bank of India is conducting an e-auction for a valuable plot of land in Ayanambakkam, Chennai, under the SARFAESI Act. The auction is scheduled for November 25, 2025, with bidding open from 11:00 AM to 4:00 PM. The reserve price is set at INR 44,68,000, with an Earnest Money Deposit (EMD) of INR 4,46,800 required to participate. This is a unique opportunity for investors and developers to acquire a significant piece of land in a sought-after location. All interested bidders are advised to review the auction terms and conditions carefully.

The property presents a mixed opportunity, with land and a residential flat available in Chennai. While the location in Ayanambakkam offers potential, the auction terms and reserve price require careful evaluation. This is a calculated opportunity suitable for investors familiar with the local market.