Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:614473
Bank Name:ICICI Bank
Branch Name:Branch Office : Chennai
Reserve Price:₹1,44,50,000
EMD:₹14,45,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:disposalhub.com
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
This is a residential plot located in Selavoyal, Chennai, Tamil Nadu. The property is being auctioned by ICICI Bank under the SARFAESI Act. It represents a valuable opportunity to acquire land in a developing area of Chennai. The plot is suitable for residential development.
State:Tamil Nadu
City:Chennai
Area:Selavoyal
Asset Category:Residential
Full Address:19, Veerabadharan Nagar, Plot No.19, Door No,19, Kannappar First Street (Extn), Veerabadharan Nagar, Selaiyur Village, Chennai-600059, Selaiyur, Chennai
Building/Society:Veerabadharan Nagar
Size:1800 Sq.ft.
Auction Description
ICICI Bank presents a SARFAESI auction for a residential plot in Selavoyal, Chennai. The auction has a reserve price of INR 1,44,50,000 and requires an Earnest Money Deposit (EMD) of INR 14,45,000. The auction will be conducted online on December 12, 2025, starting at 10:30 AM and concluding at 11:30 AM. This is a prime opportunity for investors and individuals looking to purchase property in Chennai.
Borrower Name:Mr. Godwin J
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
This plot in Selavoyal, Chennai presents a strong investment opportunity due to its residential status and accessible location. The reserve price, while significant, is reflective of the area's market value, and the bank auction terms are standard. A prime location combined with a reasonable price makes this a favorable choice.
Contact Details
Branch:Branch Office : Branch Office : Chennai
Service Provider:disposalhub.com
Contact Details:
Contact no:7550214251
