Property for Auction in Ambattur, Chennai, Tamil Nadu
Auction ID:554092
Bank Name:Indian Bank
Branch Name:EGMORE BRANCH
Reserve Price:₹60,43,000
EMD:₹6,05,000
Service Provider:BAANKNET
Submission Date:20-08-2025 11:00 AM
Bid Start Date:20-08-2025 11:00 AM
This auction features a valuable residential plot located in Ambattur, a prominent area within Chennai, Tamil Nadu. The property is associated with a SARFAESI auction conducted by Indian Bank, stemming from the account of Mr. Prabhu Ramalingam. Ambattur is known for its developing infrastructure and connectivity, making it an attractive location for residential development. This plot offers a promising opportunity for investment or personal housing needs within the bustling city of Chennai.
State:Tamil Nadu
City:Chennai
Area:Ambattur
Asset Category:Residential
Indian Bank presents a SARFAESI auction for a residential plot in Ambattur, Chennai, Tamil Nadu. The auction will be held on August 20, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹60,43,000, with an Earnest Money Deposit (EMD) of ₹6,05,000 required to participate. This is an opportunity to acquire a plot in a well-established area. Interested bidders are advised to review all auction terms and conditions thoroughly before participating. For further details and to place bids, please refer to the official auction portal.
Borrower Name:Mr. Prabhu Ramalingam
Auction Type:SARFAESI Auction
Contact no:044-24191392