Land for auction Kalavakkam Village Chengalpattu 40 lakh State Bank of India

Property for Auction in Chengalpet Taluk, Kanchipuram, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
35.7483 Acres
Reserve Price
40,00,000
Reserve Price
40,00,000
EMD Required
4,00,000
Property Specifications
Size35.7483 Acres
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Chengalpet Taluk, Kanchipuram
Auction Date IconAuction Date:
27-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:26-11-2025 05:00 PM

Bid Start Date:2025-11-27

Property Description

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

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:NIL

Why This Property

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.

Contact Details

Branch:Branch Office : Stressed Asset Recovery Branch - II

Service Provider:BAANKNET

Contact Details:

Mr. Kailash Chandra Meena

Contact no:8699009584

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