Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609877
Bank Name:Assets Care & Reconstruction Enterprise Ltd
Branch Name:Newdelhi
Reserve Price:₹2,92,00,000
EMD:₹29,20,000
Auction Time:11:00 a.m. to 01:00 p.m.
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-11
Bid Start Date:2025-11-12
Property Description
This is a prime land parcel located in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The property is categorized as residential and is being auctioned by Assets Care & Reconstruction Enterprise Ltd. This is a significant opportunity to acquire land in a developing area, suitable for various residential projects. The location offers potential for growth and development, making it an attractive investment for developers and individuals alike.
State:Tamil Nadu
City:Kanchipuram
Area:Chengalpattu Taluk
Asset Category:Residential
Full Address:Project Meadowville, Project Meadowville, Kolathur Village, Chengalpattu Taluk, Chengalpattu District (Previously Kancheepuram District), Kolathur, Chengalpattu
Building/Society:Project Meadowville
Auction Description
Assets Care & Reconstruction Enterprise Ltd presents a SARFAESI auction for a valuable piece of land in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The auction has a reserve price of INR 2,92,00,000 and requires an Earnest Money Deposit (EMD) of INR 29,20,000. This online auction will take place on November 12, 2025, commencing at 11:00 AM and concluding at 01:00 PM. Interested bidders are encouraged to review all auction terms and conditions prior to participating in this SARFAESI auction.
Borrower Name:Sare Realty Projects Private Limited
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a calculated opportunity due to its location in a developing area and the availability of multiple land parcels. The reserve price appears reasonable, but potential investors should conduct thorough due diligence before bidding. Overall it's a worthwhile auction
Contact Details
Branch:Branch Office : Newdelhi
Service Provider:Public Auction
Contact Details:
Manish Kumar Manav
Contact no:9911302057
