Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611610
Bank Name:Indian Overseas Bank
Branch Name:REGIONAL OFFICE : Kancheepuram
Reserve Price:₹2,28,89,900
EMD:₹22,88,990
Bid Increment:₹1,00,000
Auction Time:11.00 am to 4.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This auction features a significant parcel of land located in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The property, previously held by Mr. R Venkatesh, is categorized as residential land, offering potential for various development opportunities. Its location within a key district of Tamil Nadu makes it an attractive investment. The land is being auctioned by Indian Overseas Bank under SARFAESI provisions.
State:Tamil Nadu
City:Kanchipuram
Area:Chengalpattu Taluk
Asset Category:Residential
Full Address:5, STAR BAY, Plot No. 5, Survey No. 103/61, Kanathur Reddy Kuppam Village, Thiruporur Taluk, Kancheepuram District now Chengalpattu District, Kanathur Reddy Kuppam, Chengalpattu
Building/Society:STAR BAY
Size:6849.62 sq. ft.
Auction Description
Indian Overseas Bank is conducting a SARFAESI auction for a residential land parcel in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The auction will take place on November 20, 2025, commencing at 11:00 AM and concluding at 04:00 PM. The reserve price for this valuable asset is INR 2,28,89,900.0, with an Earnest Money Deposit (EMD) of INR 22,88,990.0 required to participate. This is a prime opportunity to acquire land in a developing region of Tamil Nadu.
Borrower Name:Mr. R Venkatesh
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. V Tamil Selvi
Why This Property
Located in Chengalpattu, this land offers a decent investment potential. The reserve price is moderate, the location is a developing area, and the terms are reasonable. It's recommended for those seeking calculated risks.
Contact Details
Branch:Branch Office : REGIONAL OFFICE : Kancheepuram
Service Provider:BAANKNET
Contact Details:
Mr. Rijo Joseph Chethalan
Contact no:8925951318
