Property for Auction in Chengalpet Taluk, Kanchipuram, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610665
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - II
Reserve Price:₹40,00,000
EMD:₹4,00,000
Bid Increment:₹25,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Submission Date:26-11-2025 05:00 PM
Bid Start Date:2025-11-27
This offering features a parcel of land located in Chengalpet Taluk, Kanchipuram, Tamil Nadu. As a residential asset category, this property presents an opportunity for development or investment in a sought-after region. The land is being auctioned by the State Bank of India, providing a clear title and a secure transaction process. Its strategic location within Kanchipuram ensures accessibility and potential for future appreciation. Ideal for those looking to acquire land for residential construction or agricultural purposes in a developing area.
State:Tamil Nadu
City:Kanchipuram
Area:Chengalpet Taluk
Asset Category:Residential
Full Address:Kalavakkam Village, Chengalpattu Taluk, Kancheepuram District, Tamilnadu, Kalavakkam Village, Chengalpattu
Size:35.7483 Acres
The State Bank of India is conducting a SARFAESI auction for a valuable land parcel in Chengalpet Taluk, Kanchipuram, Tamil Nadu. This is a unique opportunity to acquire property with a reserve price of INR 40,00,000 and an Earnest Money Deposit (EMD) of INR 4,00,000. The auction will take place on November 27, 2025, commencing at 11:00 AM and concluding at 04:00 PM on the same day. Bidders are advised to review all auction terms and conditions prior to participating. Secure your bid for this promising piece of real estate.
Borrower Name:Mr. M Paari Marx
Auction Type:SARFAESI Auction
Possession Status:Physical
Encumbrance Details:NIL
The property offers a blend of land and residential potential in a developing area. While the location is somewhat distant from major urban centers, the relatively lower reserve price and the inclusion of a residential apartment make it a calculated investment opportunity, contingent on local market assessment.
Branch:Branch Office : Stressed Asset Recovery Branch - II
Service Provider:BAANKNET
Contact Details:
Mr. Kailash Chandra Meena
Contact no:8699009584