Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610744
Bank Name:Indian Bank
Branch Name:Stressed Assets Management Branch
Reserve Price:₹18,00,000
EMD:₹1,80,000
Bid Increment:₹10,000
Auction Time:11.00 A.M. AND 4.00P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
A valuable plot of land located in the prominent area of Tambarm, Kanchipuram, Tamil Nadu. This residential land parcel offers a great opportunity for development or investment in a well-connected and sought-after region. The property is part of a SARFAESI auction conducted by Indian Bank.
State:Tamil Nadu
City:Kanchipuram
Area:Tambarm
Asset Category:Residential
Full Address:S3, Lakshmi Saroja Residency, Thiruvallur Street, in Survey No.94, present Survey No. 94/2A3A1A2 in No. 173, Selayur Village, Selayur, Kanchipuram
Building/Society:Lakshmi Saroja Residency
Size:2551 Sq. ft.
Auction Description
Indian Bank is conducting a SARFAESI auction for a plot of land in Tambarm, Kanchipuram, Tamil Nadu. The auction will take place on November 19, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹18,00,000, with an Earnest Money Deposit (EMD) of ₹1,80,000 required. This is a prime opportunity to acquire a residential asset directly from the bank.
Borrower Name:Mr. L. Prathapan
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. J. Padma Kalyani
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property in Tambaram offers a mix of land and flat potential, making it a calculated opportunity. While the location is promising, the auction terms and reserve price should be carefully evaluated. This property warrants due diligence before bidding.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
