Plot for auction 2 Property: Ambattur, Chennai by Indian Bank

A residential plot located in Ambattur, Chennai, Tamil Nadu. This property is being auctioned by Indian Bank under the SARFAESI Act. Ambattur is a thriving industrial and residential hub within Chennai, offering excellent connectivity and essential amenities. The plot presents a canvas for development, suitable for residential construction. The surrounding area is developed with a mix of housing and commercial establishments, ensuring a robust local infrastructure. Ideal for individuals or developers looking to secure a property in a strategic location within Chennai.

Indian Bank presents a SARFAESI auction for a residential plot in Ambattur, Chennai. The property, formerly mortgaged by Mr. Prabhu Ramalingam, is offered with a reserve price of ₹60,43,000.00 and requires an Earnest Money Deposit (EMD) of ₹6,00,500.00. This is a prime opportunity to acquire land in the well-connected Ambattur area of Chennai, Tamil Nadu. The auction will be conducted online on August 20, 2025, commencing at 11:00 AM and concluding at 04:00 PM. Don't miss this chance to invest in a valuable asset.