Plot for auction L1 SRI BALAJI NAGAR, Madhavaram, Tiruvallur by SBI

Property for Auction in Madhavaram, Tiruvallur, Tamil Nadu

Property Type IconProperty Type:
Plot
Location IconLocation:
Madhavaram, Tiruvallur
Auction Date IconAuction Date:
04-10-2025 11:30 AM

Auction Details

Auction ID:572615

Bank Name:State Bank of India

Branch Name:Chennai

Reserve Price:29,50,000

EMD:2,95,000

Service Provider:BAANKNET

Important Dates

Submission Date:03-10-2025 05:00 PM

Bid Start Date:04-10-2025 11:30 AM

Property Description

This is a residential plot located in Madhavaram, Tiruvallur, Tamil Nadu. The property is being auctioned by the State Bank of India under SARFAESI Act. It is an excellent opportunity to acquire land in a developing area. Ideal for constructing your dream home or for investment purposes. The plot offers a serene environment and good connectivity to essential amenities.

State:Tamil Nadu

City:Tiruvallur

Area:Madhavaram

Asset Category:Residential

Auction Description

State Bank of India is conducting a SARFAESI auction for a residential plot in Madhavaram, Tiruvallur, Tamil Nadu. The auction will take place on October 4, 2025, from 11:30 AM to 12:30 PM. The reserve price for this property is ₹29,50,000, with an Earnest Money Deposit (EMD) of ₹2,95,000 required to participate. This is a legal auction conducted under the SARFAESI Act, offering a transparent and regulated process for prospective buyers.

Borrower Name:Mr. Nanthakumar E

Auction Type:SARFAESI Auction

Contact Details

Contact : Mrs. Uma Gopal, Chief Manager - 9442649601, Shri. C S Naidu, Deputy Manager - 9885063011

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