Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612546
Bank Name:TRUHOME FINANCE LIMITED
Branch Name:Head Office : Mumbai
Reserve Price:₹35,60,000
EMD:₹3,56,000
Bid Increment:₹10,000
Auction Time:11:00 A.M. to 01:00 p.m.
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
This is a land parcel located in Chengalpattu, Tamil Nadu, offered through a SARFAESI auction by TRUHOME FINANCE LIMITED. The property is categorized as residential and presents a potential investment opportunity in a developing area. The auction has a reserve price of INR 35,60,000 and requires an EMD of INR 3,56,000.
State:Tamil Nadu
City:Chengalpattu
Area:chengalpattu
Asset Category:Residential
Full Address:KAYARAMBEDU Village, Chengalpattu, Chengalpattu District, Tamil Nadu, KAYARAMBEDU Village, Chengalpattu
Size:328336.52 Sq.Ft
Auction Description
TRUHOME FINANCE LIMITED is conducting a SARFAESI auction for a residential land in Chengalpattu, Tamil Nadu. The auction will take place on December 5, 2025, from 11:00 AM to 01:00 PM. The reserve price is set at INR 35,60,000, with an Earnest Money Deposit (EMD) of INR 3,56,000. This is an opportunity to acquire land in Chengalpattu.
Borrower Name:Mr. Korada Govinda
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Korada Suguna
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not known
Why This Property
The property is a large land parcel in a developing area, offering potential for future development. The reserve price is reasonable, but further due diligence is needed to assess market value and development potential. It's a calculated opportunity suitable for investors with a long-term perspective.
Contact Details
Branch:Branch Office : Head Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
S Singh
Contact no:8428648685
