Property for Auction in Madhavaram, Chennai, Tamil Nadu
Auction ID:552025
Bank Name:State Bank of India
Branch Name:Centralised Retail Asset Monitoring Cell (CRAMC)
Reserve Price:₹29,92,220
EMD:₹2,99,222
Service Provider:BAANKNET
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:30 AM
This auction features a valuable residential plot situated in Madhavaram, Chennai, a sought-after locality in Tamil Nadu. The property is being auctioned by the State Bank of India under the SARFAESI Act. Madhavaram is known for its connectivity and developing infrastructure, making it an attractive location for residential development. This plot presents a clear opportunity for investment or building a home. The asset category is residential, and the property type is a plot.
State:Tamil Nadu
City:Chennai
Area:Madhavaram
Asset Category:Residential
State Bank of India invites bids for a SARFAESI auction of a residential plot located in Madhavaram, Chennai, Tamil Nadu. The auction is for the property of Mr. Anand Kumar T. The reserve price is INR 29,92,220, with an Earnest Money Deposit (EMD) of INR 2,99,222. This is a significant opportunity to acquire land in a developed area. Bidding commences on August 30, 2025, at 11:30 AM and concludes on the same day at 02:30 PM. Interested parties are encouraged to participate in this bank auction.
Borrower Name:Mr. Anand Kumar T
Auction Type:SARFAESI Auction
Mrs. Umaa Gopal, Chief Manager, Mobile: 9442649601,Mr. Murugesan S, Manager, Mobile: 8939903909