Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614044
Bank Name:Authum Investment & Infrastructure Limited
Branch Name:Registred Office:Mumbai
Reserve Price:₹1,58,00,000
EMD:₹15,80,000
Bid Increment:₹1,00,000
Auction Time:11:00-13:00
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
A prime residential plot located in Tambarm, Kanchipuram, Tamil Nadu. This SARFAESI auction presents a unique opportunity to acquire land in a developed area. The property is offered by Authum Investment & Infrastructure Limited. Ideal for building your dream home or for investment purposes. Don't miss this chance to own a piece of Kanchipuram.
State:Tamil Nadu
City:Kanchipuram
Area:Tambarm
Asset Category:Residential
Full Address:1, Ambal Nagar, Plot No. 1, Ambal Nagar, Kannadapalayam Road, No. 27 Tambaram Village, Tambaram Taluk, Kancheepuram district, Tambaram, Kanchipuram
Building/Society:Ambal Nagar
Size:2277 Square feet
Auction Description
Authum Investment & Infrastructure Limited is conducting a SARFAESI auction for a residential plot in Tambarm, Kanchipuram, Tamil Nadu. The auction will be held on December 10, 2025, from 11:00 AM to 01:00 PM. The reserve price is ₹1,58,00,000, with an Earnest Money Deposit (EMD) of ₹15,80,000. This is a direct sale opportunity from the bank. Please refer to the official auction notice for full terms and conditions.
Borrower Name:Mr VENKATESAN DV
Auction Type:SARFAESI Auction
Guarantor Names:MANJULA V
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land plot in a developing area, presented at a moderately attractive reserve price. While the location shows potential, the overall investment is considered a calculated opportunity due to market dynamics and the 'AS IS WHERE IS' sale condition. A prudent assessment of the area's growth and legal aspects is advised.
Contact Details
Branch:Branch Office : Registred Office:Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Sukumar A
Contact no:9380017934
