Property for Auction in Ambattur, Chennai, Tamil Nadu
Auction ID:567548
Bank Name:Indian Bank
Branch Name:EGMORE BRANCH
Reserve Price:₹45,00,000
EMD:₹4,50,000
Service Provider:BAANKNET
Submission Date:10-09-2025 11:00 AM
Bid Start Date:10-09-2025 11:00 AM
Indian Bank presents a prime plot of land for auction in Ambattur, Chennai, Tamil Nadu. Located in a well-established area, this residential plot offers a significant investment opportunity for developers and individuals seeking to build their dream home. The property is situated in a developing locale with essential amenities and connectivity. Ideal for residential construction, this plot is being auctioned under SARFAESI guidelines.
State:Tamil Nadu
City:Chennai
Area:Ambattur
Asset Category:Residential
This is a SARFAESI auction conducted by Indian Bank for a residential plot located in Ambattur, Chennai. The auction will take place on September 10, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this property is INR 45,00,000, with an Earnest Money Deposit (EMD) of INR 4,50,000 required to participate. This is a legal sale of property mortgaged by Mr. Prabhu Ramalingam. Interested bidders are advised to review all auction terms and conditions.
Borrower Name:Mr. Prabhu Ramalingam,
Auction Type:SARFAESI Auction
Contact no:044-25191392