Property for Auction in Madipakkam, Chennai, Tamil Nadu
Auction ID:555469
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH II CHENNAI
Reserve Price:₹34,50,000
EMD:₹3,45,000
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
This auction features a residential plot located in the well-developed area of Madipakkam, Chennai, Tamil Nadu. Situated in a prime location, this plot offers excellent connectivity and access to essential amenities. Ideal for residential development, it represents a valuable real estate opportunity in one of Chennai's sought-after localities. The property is being auctioned by Canara Bank under SARFAESI rules, originating from the borrower Smt. Vengatalakshmi. V. Secure your investment in this promising piece of land.
State:Tamil Nadu
City:Chennai
Area:Madipakkam
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential plot in Madipakkam, Chennai, Tamil Nadu. The auction will be held on August 29, 2025, from 11:00 AM to 12:00 PM. The reserve price is set at INR 3,450,000, with an Earnest Money Deposit (EMD) of INR 345,000 required. This is an opportunity to acquire property through a bank auction, offering a clear title and transparent process. Interested bidders are advised to review all auction terms and conditions provided by Canara Bank.
Borrower Name:Smt. Vengatalakshmi. V
Auction Type:SARFAESI Auction
Contact No.9740145622