Property for Auction in Madhavaram, Tiruvallur, Tamil Nadu
Auction ID:572615
Bank Name:State Bank of India
Branch Name:Chennai
Reserve Price:₹29,50,000
EMD:₹2,95,000
Service Provider:BAANKNET
Submission Date:03-10-2025 05:00 PM
Bid Start Date:04-10-2025 11:30 AM
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
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 : Mrs. Uma Gopal, Chief Manager - 9442649601, Shri. C S Naidu, Deputy Manager - 9885063011