Land for auction Muttukadu Kanchipuram 4 Cr Indian Bank

This offering presents a significant land parcel located in the desirable area of Muttukadu, Kanchipuram, Tamil Nadu. As a residential asset, this land provides an excellent opportunity for development or investment. Situated in a region known for its growing potential, this property is being auctioned by Indian Bank. The reserve price for this valuable land is ₹3,90,00,000. Don't miss this chance to acquire a substantial piece of real estate in a prime location.

Indian Bank is conducting a SARFAESI auction for a land property in Muttukadu, Kanchipuram, Tamil Nadu. The auction will take place on November 19, 2025, starting at 10:00 AM and concluding at 04:00 PM. The reserve price is set at ₹3,90,00,000, with an Earnest Money Deposit (EMD) of ₹39,00,000 required to participate. This is a prime opportunity to bid on a residential land asset, formerly associated with borrower Mr. Ravi Rajendran. Ensure all bidding requirements are met before the auction closes.

The land parcel in Muttukadu presents a moderate investment opportunity due to its location and potential for development. The reserve price and EMD are relatively high, requiring careful consideration. The 'Symbolic' possession status adds a layer of complexity.