Land for auction Muttukadu Village Kanchipuram 4 Cr Indian Bank

Property for Auction in Thirupporur Tk, Kanchipuram, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
10276 sq. ft.
Reserve Price
3,90,00,000
Reserve Price
3,90,00,000
EMD Required
39,00,000
Property Specifications
Society/BuildingTimes Square
Size10276 sq. ft.
Unit No.12
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Thirupporur Tk, Kanchipuram
Auction Date IconAuction Date:
19-11-2025 10:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609507

Bank Name:Indian Bank

Branch Name:ZONAL OFFICE, CHENNAI SOUTH

Reserve Price:3,90,00,000

EMD:39,00,000

Bid Increment:10,000

Auction Time:10:00 AM to 04:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-19

Bid Start Date:2025-11-19

Property Description

This is a prime land parcel located in the Thirupporur Tk area of Kanchipuram, Tamil Nadu. As a residential asset, this land offers excellent potential for development. Situated in a developing region, it presents a valuable opportunity for investors and builders looking to acquire a significant plot in a growing area. The property is being auctioned by Indian Bank under the SARFAESI Act, presenting a clear title and a straightforward transaction process.

State:Tamil Nadu

City:Kanchipuram

Area:Thirupporur Tk

Asset Category:Residential

Full Address:12, Times Square, Plot No. 12 B (Eastern side), "Times Square", East Coast Road, Muttukadu Village & Panchayat, Chengalpet Taluk, Kancheepuram District, Muttukadu Village, Kanchipuram

Building/Society:Times Square

Size:10276 sq. ft.

Auction Description

Indian Bank is conducting a SARFAESI auction for a valuable land property in Thirupporur Tk, Kanchipuram, Tamil Nadu. The auction will take place on November 19, 2025, from 10:00 AM to 4:00 PM. The reserve price for this residential land is ₹3,90,00,000, with an Earnest Money Deposit (EMD) of ₹39,00,000 required to participate. This is a direct opportunity to acquire a significant asset from Mr. Ravi Rajendran's account. Interested parties are advised to review all auction terms and conditions provided by Indian Bank.

Borrower Name:Mr. Ravi Rajendran

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Vasanth Balasundaram

Legal Details

Possession Status:Symbolic

Encumbrance Details:Nil

Why This Property

This land offers a good investment potential given its location near East Coast Road and the growing development in Thirupporur. The reserve price seems reasonable, but a thorough assessment of market value is recommended before bidding. Symbolic possession may require further due diligence.

Contact Details

Branch:Branch Office : ZONAL OFFICE, CHENNAI SOUTH

Service Provider:BAANKNET

Contact Details:

Contact no:044-22621010/2020/4040

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