Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609517
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, CHENNAI SOUTH
Reserve Price:₹22,00,000
EMD:₹2,20,000
Bid Increment:₹10,000
Auction Time:10:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This offering is for a parcel of land located in the Sriperumbudur Taluk of Kanchipuram, Tamil Nadu. The property is categorized as residential land, presenting an opportunity for development or investment. Situated in a region known for its industrial and infrastructural growth, this land offers potential for various uses.
State:Tamil Nadu
City:Kanchipuram
Area:Sriperumbudur Taluk
Asset Category:Residential
Full Address:F2, Devaki Illam, Flat No.F2 in the First Floor measuring 740 Sq. ft., plinth area inclusive of common area in the building known as Devaki Illam, bearing Plot No. 1265 in Survey No.257/2D3 and 256/1, patta No.1763, as per patta Sub Division S. No.256/5 and 257/49 in the layout named "ROYAPPA NAGAR", Venkatesan IAS Salai, situated at Old No.93, New No.111, Varadarajan Village, Kundrathur Panchayat Union limit, Varadarajan Village, Royappa Nagar, Kanchipuram
Building/Society:Devaki Illam
Size:419 Sq. ft.
Auction Description
Indian Bank is conducting a SARFAESI auction for a land parcel in Sriperumbudur Taluk, Kanchipuram, Tamil Nadu. The auction will take place on November 19, 2025, starting at 10:00 AM and concluding at 4:00 PM. The reserve price for this auction is INR 22,00,000, with an Earnest Money Deposit (EMD) of INR 2,20,000 required to participate. This is a prime opportunity to acquire land through a transparent bank auction process.
Borrower Name:1) Mrs.S. Bharathy
Auction Type:SARFAESI Auction
Guarantor Names:Mr.V. Sadasivam
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property offers a calculated opportunity for investors, located in Sriperumbudur, a developing area. While the reserve price is reasonable, potential buyers should consider the overall market dynamics and the specific location's growth potential before bidding. The physical possession adds to its value.
Contact Details
Branch:Branch Office : ZONAL OFFICE, CHENNAI SOUTH
Service Provider:BAANKNET
Contact Details:
Contact no:044-22604040
