Property for Auction in Vandalur, Chengalpattu, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609968
Bank Name:Indian Bank
Branch Name:Regional office
Reserve Price:₹54,00,000
EMD:₹5,40,000
Bid Increment:₹10,000
Auction Time:10:00 AM to 4:00 PM
Service Provider:BAANKNET
Submission Date:2025-12-03
Bid Start Date:2025-12-03
This is a residential plot located in Vandalur, Chengalpattu, Tamil Nadu. The property is part of a SARFAESI auction conducted by Indian Bank. It presents a potential opportunity for buyers looking for land in this developing area. The plot is offered with a reserve price of ₹54,00,000 and an EMD of ₹5,40,000. It is an ideal investment for those seeking to build their dream home or for real estate development purposes in the growing Chengalpattu district.
State:Tamil Nadu
City:Chengalpattu
Area:Vandalur
Asset Category:Residential
Full Address:589, Sri Ganapathy Nagar Colony, Plot No.589, Sri Ganapathy Nagar Colony, Vengadamangalam Village, Vandalur Taluk, Chengalpattu District, Vandalur, Chengalpattu
Building/Society:Sri Ganapathy Nagar Colony
Size:2400 Sq. ft.
Indian Bank is conducting a SARFAESI auction for a residential plot in Vandalur, Chengalpattu, Tamil Nadu. The auction will take place on December 3, 2025, commencing at 10:00 AM and concluding at 04:00 PM on the same day. The reserve price for this property is set at ₹54,00,000, with an Earnest Money Deposit (EMD) of ₹5,40,000 required to participate. This is a prime opportunity to acquire a plot through a bank auction process. Interested bidders are advised to review all auction terms and conditions provided by Indian Bank prior to the auction date.
Borrower Name:Mr. R. Prem Kumar
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Nil
The property is a plot of land in a developing area, presenting a calculated opportunity. The reserve price is moderate, and auction terms are standard. Location in Vandalur, near Chennai, adds potential for future appreciation.
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
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