Property for Auction in Madhavaram, Chennai, Tamil Nadu
Auction ID:564403
Bank Name:GIC Housing Finance Ltd.
Branch Name:Mumbai
Reserve Price:₹1,07,15,825
EMD:₹10,71,582
Service Provider:bankauctions.in
Submission Date:22-09-2025 05:00 PM
Bid Start Date:24-09-2025 03:00 PM
This listing details a residential plot located in Madhavaram, Chennai, Tamil Nadu. The property is being auctioned by GIC Housing Finance Ltd. as part of a SARFAESI action. Madhavaram is a developing locality in Chennai known for its connectivity and growing infrastructure, making it an attractive area for residential development. The plot offers potential for building a home or for investment purposes. Key details for the auction include a reserve price of ₹1,07,15,825 and an EMD of ₹10,71,582. The auction is scheduled for September 24, 2025, between 3:00 PM and 4:00 PM.
State:Tamil Nadu
City:Chennai
Area:Madhavaram
Asset Category:Residential
GIC Housing Finance Ltd. presents a SARFAESI auction for a residential plot in Madhavaram, Chennai, Tamil Nadu. This is a valuable opportunity to acquire a property in a well-regarded area. The reserve price is ₹1,07,15,825, with an Earnest Money Deposit (EMD) of ₹10,71,582. The auction will be held on September 24, 2025, from 3:00 PM to 4:00 PM. This auction is conducted under the SARFAESI Act, offering a transparent process for property acquisition. Don't miss this chance to invest in Chennai's real estate market.
Borrower Name:PRAGADEESWARI M
Auction Type:SARFAESI Auction
Contact Details: 9791113981