Property for Auction in Chengalpet Taluk, Kanchipuram, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609555
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - II
Reserve Price:₹55,04,000
EMD:₹5,50,400
Bid Increment:₹50,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Submission Date:03-12-2025 05:00 PM
Bid Start Date:2025-12-04
A prime residential plot located in Chengalpet Taluk, Kanchipuram, Tamil Nadu. This asset, under the ownership of Mrs Kalaivani Praksh, presents a unique opportunity for development or investment in a rapidly growing region. The plot is offered by the State Bank of India through a SARFAESI auction, ensuring a transparent and secure transaction process. Situated in the vibrant district of Kanchipuram, this property is an excellent canvas for your future endeavors.
State:Tamil Nadu
City:Kanchipuram
Area:Chengalpet Taluk
Asset Category:Residential
Full Address:FF-D, Krishna Nagar Part II, Flat No.FF-D, First Floor, Plot No.86 21st Street, Krishna Nagar Part II, Varadharajapuram, Mudichur, Varadharajapuram, Mudichur, Chennai
Building/Society:Krishna Nagar Part II
Size:2400 Sq. ft.
State Bank of India is conducting a SARFAESI auction for a valuable residential plot in Chengalpet Taluk, Kanchipuram, Tamil Nadu. The auction commences on December 4, 2025, at 11:00 AM and concludes at 4:00 PM on the same day. The reserve price for this property is set at INR 55,04,000, with an Earnest Money Deposit (EMD) of INR 5,50,400 required to participate. This is a significant opportunity to acquire a desirable plot in a sought-after location.
Borrower Name:Mrs Kalaivani Praksh
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:NIL
The property offers a combination of land and a flat in a developing area of Chennai. With a reasonable reserve price and clear auction terms, it presents a calculated opportunity for buyers looking for investment or residential purposes. The symbolic possession status should be considered.
Branch:Branch Office : Stressed Asset Recovery Branch - II
Service Provider:BAANKNET
Contact Details:
Smt. Meenakumari.P
Contact no:9790960729