Plot for auction - ANNA NAGAR - Annanagar - Chennai by IndusInd Bank

A well-located residential plot situated in Annanagar, Chennai, Tamil Nadu. Annanagar is a highly developed and desirable area known for its excellent infrastructure, connectivity, and amenities. This plot offers a prime opportunity for residential development or investment in one of Chennai's most prestigious neighborhoods. Proximity to schools, hospitals, shopping centers, and entertainment hubs enhances its appeal. The property is offered by IndusInd Bank through a SARFAESI auction.

IndusInd Bank presents a SARFAESI auction for a residential plot in the prime Annanagar area of Chennai, Tamil Nadu. The auction will take place on September 25, 2025, from 11:00 AM to 12:00 PM. The reserve price is set at ₹57,22,000, with an Earnest Money Deposit (EMD) of ₹5,72,200 required. This is a significant opportunity to acquire property in a sought-after location. The property is being auctioned due to the default by the borrower, M/s Procon Advisory Services India Private Limited.