Land for auction Ayanavaram Villa Ayanavaram Chennai by U GRO CAPITAL LIMITED

Property for Auction in Ayanavaram, Chennai, Tamil Nadu

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Ayanavaram, Chennai
Auction Date IconAuction Date:
19-02-2025 11:00 AM

Auction Details

Auction ID:434467

Bank Name:U GRO CAPITAL LIMITED

Branch Name:Mumbai

Reserve Price:38,82,816

EMD:3,88,282

Service Provider:Public Auction

Important Dates

Submission Date:17-02-2025 05:00 PM

Bid Start Date:19-02-2025 11:00 AM

Property Description

This auction presents an excellent opportunity to acquire a residential land and building in the prime location of Ayanavaram, Chennai. The property comprises a 254 sq.ft undivided share of land and a residential flat (F-1) on the first floor, boasting a comfortable 896 sq.ft of living space, complete with a dedicated car parking spot. Located in Somasundara 4th Street, this asset falls under the residential category, providing a fantastic homeownership opportunity within a well-established community. Ayanavaram's connectivity and local amenities enhance the property's appeal, making it a promising investment for both families and individuals looking to establish themselves in Chennai's vibrant real estate landscape.

State:Tamil Nadu

City:Chennai

Area:Ayanavaram

Asset Category:Residential

Auction Description

U GRO CAPITAL LIMITED is conducting a SARFAESI auction for a residential land and building property in Ayanavaram, Chennai. The auction is scheduled for February 19, 2025, commencing at 11:00 AM and concluding at 01:00 PM. The reserve price for this valuable asset is set at ₹3,882,816.00, and prospective bidders are required to submit an Earnest Money Deposit (EMD) of ₹388,282.00. The deadline for application submission is February 17, 2025, at 05:00 PM. This auction is being managed by Public Auction, and further details can be obtained by contacting the Branch Manager at the Mumbai branch of U GRO CAPITAL LIMITED. This is a great opportunity for new buyers to enter the property market, so don't miss out on the chance to bid!

Borrower Name:Zion Consultants

Auction Type:SARFAESI Auction

Contact Details

Contact Branch Manager

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