Plot for auction - Phoenix, Sriperumbudur, Kanchipuram by Yes Bank

A freehold residential plot located in Sriperumbudur Taluk, Kanchipuram district, Tamil Nadu. The property offers a significant land area suitable for residential development. Sriperumbudur is a well-known industrial and manufacturing hub, offering potential for appreciation and convenience due to its proximity to Chennai and established infrastructure. The plot is offered in its current state and condition.

Yes Bank presents a SARFAESI auction for a residential plot in Sriperumbudur Taluk, Kanchipuram, Tamil Nadu. This is a prime opportunity to acquire a property in a developing area. The auction will be conducted online on August 22, 2025, from 11:00 AM to 01:00 PM. The reserve price is INR 28,27,000, with an Earnest Money Deposit (EMD) of INR 2,82,700. This auction is part of the recovery process initiated by Yes Bank against the borrower, Mr. Michelraj S.