Property for Auction in Arumbakkam, Chennai, Tamil Nadu
Auction ID:555380
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹1,68,00,000
EMD:₹16,80,000
Service Provider:BAANKNET
Submission Date:10-09-2025 11:00 AM
Bid Start Date:10-09-2025 11:30 AM
This offering is a residential plot located in the sought-after area of Arumbakkam, Chennai, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. It represents a significant opportunity for investment in a developing urban hub. The plot is situated in a region known for its connectivity and amenities, making it a desirable location for residential development.
State:Tamil Nadu
City:Chennai
Area:Arumbakkam
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a prime residential plot in Arumbakkam, Chennai. This opportunity, starting at a reserve price of ₹1,68,00,000, is ideal for developers or individuals seeking to build their dream home in a well-established locality. The Earnest Money Deposit (EMD) is ₹16,80,000. The auction will be conducted on 10-09-2025, with bidding open from 11:30 AM to 12:30 PM. Don't miss this chance to acquire a valuable asset in Tamil Nadu's capital.
Borrower Name:M/s. Saipoly Products And Agro Industries Private Limited
Auction Type:SARFAESI Auction
Contact No.0422-2555655 Mob No:9489043584