Property for Auction in Ambattur Taluk, Tiruvallur, Tamil Nadu
Auction ID:552020
Bank Name:State Bank of India
Branch Name:Centralised Retail Asset Monitoring Cell (CRAMC)
Reserve Price:₹46,44,619
EMD:₹4,64,461
Service Provider:BAANKNET
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:30 AM
A residential plot situated in Ambattur Taluk, within the district of Tiruvallur, Tamil Nadu. This property is being offered for sale by the State Bank of India through a SARFAESI auction. The land parcel is located in a region known for its developing infrastructure and potential for growth. Specific details regarding the plot's dimensions, boundaries, and access will be available in the auction catalog. As a plot, it offers flexibility for future construction and development, making it an attractive option for investors and individuals looking to build their dream home or invest in real estate. The property is part of a SARFAESI action, implying it is being sold due to loan default.
State:Tamil Nadu
City:Tiruvallur
Area:Ambattur Taluk
Asset Category:Residential
State Bank of India presents a SARFAESI Auction for a residential plot located in Ambattur Taluk, Tiruvallur, Tamil Nadu. This is a valuable opportunity to acquire a property directly from the bank. The auction is scheduled to begin on August 30, 2025, at 11:30 AM and will conclude at 02:30 PM on the same day. The reserve price for this auction is INR 46,44,619.00, with an Earnest Money Deposit (EMD) of INR 4,64,461.00 required to participate. This auction represents a chance to invest in a property in a developing area, offered under the SARFAESI Act. Interested bidders are advised to review all auction terms and conditions provided by the State Bank of India.
Borrower Name:Mr. Madhan A B
Auction Type:SARFAESI Auction
Mrs. Umaa Gopal, Chief Manager, Mobile: 9442649601,Mr. Venkatakrishnan, Deputy Manager, Mobile: 9003766818