Property for Auction in Medavakkam, Chennai, Tamil Nadu
Auction ID:579760
Bank Name:Indian Bank
Branch Name:chennai
Reserve Price:₹75,00,000
EMD:₹7,50,000
Service Provider:BAANKNET
Submission Date:24-09-2025 04:00 PM
Bid Start Date:24-09-2025 11:00 AM
Discover an exceptional opportunity with this residential plot located in the well-established area of Medavakkam, Chennai, Tamil Nadu. This prime land offers immense potential for building your dream home or for investment purposes. Situated in a desirable locale, the plot benefits from the growing infrastructure and amenities of Chennai. Ideal for developers or individual buyers seeking a valuable asset in a sought-after region.
State:Tamil Nadu
City:Chennai
Area:Medavakkam
Asset Category:Residential
Indian Bank presents a SARFAESI auction for a residential plot in Medavakkam, Chennai, previously owned by Mr. P. Mohammed Rafik. The auction commences on September 24, 2025, at 11:00 AM and concludes at 6:00 PM on the same day. The reserve price for this valuable property is set at ₹75,00,000, with an Earnest Money Deposit (EMD) of ₹7,50,000 required to participate. Seize this chance to acquire a significant real estate asset through a transparent bank auction process.
Borrower Name:Mr. P. Mohammed Rafik
Auction Type:SARFAESI Auction
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