Plot for auction Peravallur Chennai 39 lakh State Bank of India

State Bank of India presents a prime residential plot for auction in Chennai, Tamil Nadu. This SARFAESI auction offers a valuable opportunity to acquire land in a desirable location. The property is ideal for building your dream home or for investment purposes. Take advantage of this bank auction to secure a plot in one of Chennai's growing areas. Don't miss this chance to own a piece of real estate through a transparent and competitive bidding process.

State Bank of India is conducting an online SARFAESI auction for a residential plot in Chennai, Tamil Nadu. The auction will commence on November 17, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this plot is ₹39,25,818.00, with an Earnest Money Deposit (EMD) of ₹3,92,582.00. This is a fantastic opportunity for prospective buyers to participate in a bank auction and acquire a plot directly from the bank. Ensure you are registered and ready to bid for this compelling real estate opportunity.

The property offers a combination of a plot and a flat in a developing area of Chennai. The reserve price seems reasonable, but potential investors should carefully assess the property's condition and location to make an informed decision. Given the location and property type, it's a calculated opportunity.