Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610317
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹1,10,00,000
EMD:₹11,00,000
Auction Time:1:00 PM onwards
Service Provider:Public Auction
Important Dates
Submission Date:21-11-2025 12:00 PM
Bid Start Date:2025-11-21
Property Description
City Union Bank presents a prime residential plot for auction in Chengalpet, Chennai. Located in the rapidly developing region of Tamil Nadu, this plot offers an excellent opportunity for investment or building your dream home. The area is well-connected and offers a serene environment, making it an attractive location for residents. This SARFAESI auction is an opportunity to acquire a valuable asset in a sought-after location.
State:Tamil Nadu
City:Chennai
Area:Chengalpet
Asset Category:Residential
Full Address:Poonthandalam Village, Thirukazhukundram Taluk, Poonthandalam Village, Chennai
Size:418 Sq.Meter
Auction Description
This is a SARFAESI auction conducted by City Union Bank for a residential plot in Chengalpet, Chennai. The auction starts on November 21, 2025, at 1:00 PM and concludes on the same day at 2:00 PM. The reserve price is ₹1,10,00,000, with an Earnest Money Deposit (EMD) of ₹11,00,000 required to participate. This is a fantastic chance to own a plot in a growing area of Tamil Nadu. Don't miss this opportunity to bid on this valuable property.
Borrower Name:Mrs.MCK Kamalika
Auction Type:SARFAESI Auction
Guarantor Names:N.M.Kamalraj, Ms.MCK Visagal, Mr.Ennem
Legal Details
Possession Status:As-is-where-is
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential plot in a developing area of Chennai, presenting a calculated investment opportunity. The reserve price is relatively high. Considering the location and auction terms, it's a calculated risk with potential for appreciation.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:044-24780262
