Property for Auction in Chengalpet, Chennai, Tamil Nadu
Auction ID:565725
Bank Name:Bank of India
Branch Name:CHENNAI ASSET RECOVERY DEPARTMENT
Reserve Price:₹40,00,000
EMD:₹4,00,000
Service Provider:BAANKNET
Submission Date:06-09-2025 05:00 PM
Bid Start Date:09-09-2025 11:00 AM
A prime residential plot located in Chengalpet, Chennai, Tamil Nadu. This asset, formerly belonging to Mr. Premsai. M, presents a significant opportunity for development in a rapidly growing area. The property is part of a SARFAESI auction conducted by the Bank of India, offering a chance to acquire land in a desirable location with potential for future appreciation.
State:Tamil Nadu
City:Chennai
Area:Chengalpet
Asset Category:Residential
This is a SARFAESI auction for a residential plot in Chengalpet, Chennai, conducted by the Bank of India. The auction will take place on September 9, 2025, from 11:00 AM to 5:00 PM. The reserve price for this property is INR 40,00,000, with an Earnest Money Deposit (EMD) of INR 4,00,000 required to participate. Interested bidders should review all auction terms and conditions provided by the Bank of India.
Borrower Name:Mr Premsai. M
Auction Type:SARFAESI Auction
Ph No ; 66777456, 465,557