Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610584
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, POONAMALLEE
Reserve Price:₹33,00,000
EMD:₹3,30,000
Bid Increment:₹10,000
Auction Time:10:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This is a prime plot of land located in Kodungaiyur, Chennai, Tamil Nadu. Situated in a well-developed residential area, this asset offers excellent potential for future construction or investment. The property is being auctioned by Indian Bank.
State:Tamil Nadu
City:Chennai
Area:Kodungaiyur
Asset Category:Residential
Full Address:31 and 32, GINNI DEVIAGARWAL NIWAS, No.31 and 32, Ganapathy Street, Krishnamurthy Nagar, Kodungaiyur, Erukkancherry Village, Kodungaiyur, Chennai
Building/Society:GINNI DEVIAGARWAL NIWAS
Size:3970 Sq. ft.
Auction Description
Indian Bank is conducting a SARFAESI auction for a valuable plot of land in Kodungaiyur, Chennai. The auction will commence on November 19, 2025, at 10:00 AM and conclude at 4:00 PM on the same day. The reserve price is INR 33,00,000, with an Earnest Money Deposit (EMD) of INR 3,30,000 required to participate. This is a fantastic opportunity to acquire a property in a sought-after location.
Borrower Name:Mr. Amit Kumar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property offers a chance to own land and a flat in a developing Chennai locality. The reserve price is relatively attractive, but potential investors should thoroughly assess the location and building condition before bidding. The 'Calculated Opportunity' rating reflects the need for due diligence to capitalize on this bank auction.
Contact Details
Branch:Branch Office : ZONAL OFFICE, POONAMALLEE
Service Provider:BAANKNET
Contact Details:
Contact no:044-26531135
