Plot for auction 3 SALIGRAMAM VILLA, Mambalam, Chennai by Canara

A valuable residential plot located in Mambalam, a well-established and sought-after area within Chennai, Tamil Nadu. Mambalam offers excellent connectivity and is a desirable residential hub. This plot is being auctioned by Canara Bank following SARFAESI proceedings related to the borrower, Mr. M. Ganesh Prabhu. It represents a potential investment or development opportunity in a highly accessible part of the city.

Canara Bank presents a SARFAESI auction for a residential plot in the prime location of Mambalam, Chennai, Tamil Nadu. This is an opportunity to acquire property directly from the bank. The auction commences on September 20, 2025, at 10:30 AM and concludes at 11:30 AM on the same day. The reserve price is set at INR 64,00,000, with an Earnest Money Deposit (EMD) of INR 6,40,000 required to participate. This auction is conducted as per SARFAESI Act procedures.