Land for auction Kattur Village Chengalpattu 78 lakh Union Bank of India

Prime land parcel located in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. This residential land offers a significant investment opportunity in a developing region. The property is being auctioned by the Union Bank of India under SARFAESI provisions. Ideal for developers or individuals looking to build their dream home or a future project. The land is situated in a well-connected area, providing convenient access to essential amenities and transport links.

Union Bank of India presents a SARFAESI auction for a valuable land property in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The auction is scheduled for December 11, 2025, commencing at 11:00 AM and concluding at 5:00 PM on the same day. The reserve price for this auction is ₹78,30,000, with an Earnest Money Deposit (EMD) of ₹7,83,000 required. This is a unique opportunity to acquire a residential land parcel directly from the bank. Interested bidders are advised to review all auction terms and conditions prior to participating.

The property's location in Chengalpattu offers potential for future appreciation. The reserve price appears reasonable, however, potential buyers should carefully evaluate local market conditions and development prospects before bidding. Given the symbolic possession, potential legal challenges should also be considered.