Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609900
Bank Name:Tata Capital Housing Finance Ltd
Branch Name:Registered Office : Mumbai
Reserve Price:₹1,25,00,000
EMD:₹12,50,000
Service Provider:bankauctions.in
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 02:00 PM
Property Description
This auction features a plot of land located in Pammal, Chennai, Tamil Nadu. The property is being auctioned by Tata Capital Housing Finance Ltd under the SARFAESI Act. It is a residential land parcel, offering an opportunity for development or investment in a developing area of Chennai. The borrower is MR. SUDHAKAR R. This is a prime opportunity to acquire land in a sought-after location.
State:Tamil Nadu
City:Chennai
Area:Pammal
Asset Category:Residential
Full Address:38-B, 38-A, Pasumpon Nagar, Plot No. 38-B, Old Door No. 12, New Door No. 1, Pasumpon Nagar, Prabhudass Street, Pammal, Chennai-600075 and Plot No.38-A (Eastern side & Southern side) Old Door No. 13, New Door No. 10, Pasumpon Nagar, Prabhudass Street, Pammal, Chennai 600 075, Pammal, Chennai
Building/Society:Pasumpon Nagar
Size:1400 sq.ft.
Auction Description
Tata Capital Housing Finance Ltd is conducting a SARFAESI auction for a land property in Pammal, Chennai. The auction will take place on November 18, 2025, from 02:00 PM to 03:00 PM. The reserve price for this land is ₹1,25,00,000, with an Earnest Money Deposit (EMD) of ₹12,50,000 required to participate. This is a single-day online auction event, offering a clear and efficient process for interested bidders.
Borrower Name:MR.SUDHAKAR R
Auction Type:SARFAESI Auction
Guarantor Names:SUDHA ENTRPRISES, MR.RAJKUMAR P
Legal Details
Possession Status:Physical
Encumbrance Details:due and payable by you under loan account No. TCHHL0404000100132903 and an amount of Rs. 157137/- is due and payable by you under loan account No. TCHHL0404000100134620 and an amount of Rs. 3752985/- is due and payable by you under loan account No. TCHHL0404000100132943 and amount No. TCHHL0404000100134620 and an amount of Rs. 10171063/- is due and payable by you under loan account No. TCHHL0404000100184605 and an amount of Rs. 324847/- is due and payable by you under loan account No. TCHIN0404000100377293 totalling to Rs. 23737840/-& 18-09-2023
Why This Property
The property presents a calculated opportunity due to its location in Pammal, Chennai. While the reserve price requires careful consideration, the potential for appreciation in this developing locality makes it a worthwhile investment for those with a strategic approach.
Contact Details
Branch:Branch Office : Registered Office : Mumbai
Service Provider:bankauctions.in
Contact Details:
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