Plot for auction Ayappakkam Tiruvallur 2 Cr State Bank of India

Property for Auction in Ayappakkam, Tiruvallur, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
2400 Sq. ft.
Reserve Price
1,77,00,000
Reserve Price
1,77,00,000
EMD Required
17,70,000
Property Specifications
Society/BuildingBhavani Nagar
Size2400 Sq. ft.
Unit No.7
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Ayappakkam, Tiruvallur
Auction Date IconAuction Date:
24-11-2025 11:30 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:610330

Bank Name:State Bank of India

Branch Name:Chennai

Reserve Price:1,77,00,000

EMD:17,70,000

Bid Increment:1,00,000

Auction Time:11:30 a.m. to 12:30 p.m.

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-23

Bid Start Date:2025-11-24

Property Description

State Bank of India presents an exciting opportunity to acquire a prime plot of land in Ayappakkam, Tiruvallur, Tamil Nadu. This residential plot, located in a developing area, offers immense potential for building your dream home or for investment purposes. The property is being auctioned by the State Bank of India under the SARFAESI Act. The reserve price is set at ₹1,77,00,000 with an Earnest Money Deposit (EMD) of ₹17,70,000. Don't miss this chance to own a piece of desirable real estate in Tiruvallur.

State:Tamil Nadu

City:Tiruvallur

Area:Ayappakkam

Asset Category:Residential

Full Address:7, Bhavani Nagar, Plot No.7, Jayaraman Street, Bhavani Nagar, Ayappakkam, Thiruvallur-600077, Ayappakkam, Tiruvallur

Building/Society:Bhavani Nagar

Size:2400 Sq. ft.

Auction Description

This is a SARFAESI auction conducted by the State Bank of India for a residential plot located in Ayappakkam, Tiruvallur, Tamil Nadu. The auction will commence on November 24, 2025, at 11:30 AM and conclude on the same day at 12:30 PM. The reserve price for this valuable plot is ₹1,77,00,000, with a required EMD of ₹17,70,000. This is a unique opportunity to purchase a plot of land directly from the bank. Ensure all bidding requirements are met before participating.

Borrower Name:Mr. S. Jaganathan

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:NIL

Why This Property

The plot in Ayappakkam presents a decent opportunity given its location and size. The reserve price is reasonable, but potential investors should conduct thorough due diligence on the local market conditions and growth prospects before bidding. Overall, it's a calculated risk with moderate potential returns.

Contact Details

Branch:Branch Office : Chennai

Service Provider:BAANKNET

Contact Details:

Mrs. Umaa Gopal

Contact no:9442649601

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