Plot for auction Varadharajapuram, Mudichur Chennai 55 lakh State Bank of India

Property for Auction in Chengalpet Taluk, Kanchipuram, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
2400 Sq. ft.
Reserve Price
55,04,000
Reserve Price
55,04,000
EMD Required
5,50,400
Property Specifications
Society/BuildingKrishna Nagar Part II
Size2400 Sq. ft.
Unit No.FF-D
FloorFirst Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Chengalpet Taluk, Kanchipuram
Auction Date IconAuction Date:
04-12-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:03-12-2025 05:00 PM

Bid Start Date:2025-12-04

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:NIL

Why This Property

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.

Contact Details

Branch:Branch Office : Stressed Asset Recovery Branch - II

Service Provider:BAANKNET

Contact Details:

Smt. Meenakumari.P

Contact no:9790960729

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