Plot for auction Vandalur Chengalpattu 54 lakh Indian Bank

Property for Auction in Vandalur, Chengalpattu, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
2400 Sq. ft.
Reserve Price
54,00,000
Reserve Price
54,00,000
EMD Required
5,40,000
Property Specifications
Society/BuildingSri Ganapathy Nagar Colony
Size2400 Sq. ft.
Unit No.589
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Vandalur, Chengalpattu
Auction Date IconAuction Date:
03-12-2025 10:00 AM

Auction Details

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

Important Dates

Submission Date:2025-12-03

Bid Start Date:2025-12-03

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Nil

Why This Property

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.

Contact Details

Branch:Branch Office : Regional office

Service Provider:BAANKNET

Contact Details:

Contact no: —

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