Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.9
Auction ID:611608
Bank Name:Indian Overseas Bank
Branch Name:REGIONAL OFFICE : Kancheepuram
Reserve Price:₹3,50,000
EMD:₹35,000
Auction Time:11:00 am to 4:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
Discover a prime land parcel in Cheyyur, Kanchipuram, Tamil Nadu. This SARFAESI auction offers a valuable opportunity to acquire residential land in a developing area. The property is owned by Indian Overseas Bank and is being auctioned due to the borrower M/s. TKM Marketing.
State:Tamil Nadu
City:Kanchipuram
Area:Cheyyur
Asset Category:Residential
Full Address:6, Sri Lakshmi Nagar, Plot No.6, Sri Lakshmi Nagar, Polambakkam Village, Cheyoor Taluk, Kancheepuram Dist, Polambakkam Village, Kanchipuram
Building/Society:Sri Lakshmi Nagar
Size:1882 Sq.Ft
Auction Description
Indian Overseas Bank presents a SARFAESI auction for a residential land parcel in Cheyyur, Kanchipuram, Tamil Nadu. The auction will be conducted on 20-11-2025, starting at 11:00 AM and ending at 04:00 PM. The reserve price for this asset is ₹3,50,000, with an Earnest Money Deposit (EMD) of ₹35,000 required to participate. This is a unique chance to invest in land in a growing region.
Borrower Name:M/s. TKM Marketing
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land plot in a developing area, offered at a reasonable reserve price. While the location is not prime, the auction terms are standard. It's a calculated opportunity for those looking to invest in land with potential for future appreciation.
Contact Details
Branch:Branch Office : REGIONAL OFFICE : Kancheepuram
Service Provider:BAANKNET
Contact Details:
AUTHORISED OFFICER
Contact no: —
