Others for Auction Guduvancheri Chennai 17.4 Lakh by Protium Finance Limited
Guduvancheri, Chennai
16/3a2 Thailavaram Nandivaram Guduvancheri, Chengalpattu, Tamil Nadu 603202
Protium Finance Limited · Registered Office: Mumbai
Reserve price
₹17,35,229
EMD ₹1,73,522
Auction date
20 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Locality: Guduvancheri
- ▸Reserve: ₹17,35,229
- ▸EMD: ₹1,73,522
Auction snapshot
| Possession | Symbolic |
| Property type | Others · Others |
| Locality | Guduvancheri |
| Lender | Protium Finance Limited |
| Branch | Registered Office: Mumbai |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,000 |
| Service provider | bankauctions.in |
About this property
Others bank auction in Guduvancheri, Chennai by Protium Finance Limited — reserve price ₹17,35,229, Symbolic possession.
Participate in the upcoming bank auction for industrial equipment located in Chennai, Tamil Nadu. The auction features high-quality machinery, including an ACE CNC Lathe (Model: J 300 LM) and a precision drilling machine with multi-spindle head and coolant systems. This bank auction property, belonging to Precimetal Works, is being sold under the Securitisation Act. With a reserve price of ₹17,35,229, this is an excellent opportunity for industrial units looking to acquire reliable manufacturing equipment through a transparent e-auction process. Inspection is available on 16th July 2026. Submit your EMD by 18th July 2026 to participate in this exclusive commercial machinery sale managed by Protium Finance Limited.
GeoSquare note: This auction involves specialized industrial machinery rather than real estate, which limits its appeal to specific manufacturing sectors. While the equipment appears well-specified, the symbolic possession status and the nature of movable assets require careful due diligence regarding the condition and maintenance history of the machines.
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