Land for auction OMURUG HOMES APARTMENTS, Guindy, Chennai by Tamilnad Mercantile Bank

This auction features a valuable plot of land located in Guindy, Chennai, Tamil Nadu. The property is a residential asset associated with borrower Mr. K.M. Satish. Guindy is a well-developed area in Chennai, known for its commercial and residential significance, offering excellent connectivity and amenities. This land presents a promising opportunity for development or investment in a prime Chennai locale.

Tamilnad Mercantile Bank Limited is conducting a SARFAESI auction for a prime piece of land in Guindy, Chennai. The auction will be held on August 5, 2025, from 12:00 PM to 1:00 PM. The reserve price is set at ₹83,60,000, with an Earnest Money Deposit (EMD) of ₹8,36,000 required to participate. This is a significant opportunity to acquire a valuable asset in a sought-after location. Interested bidders are encouraged to review all auction terms and conditions thoroughly.