Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:611897
Bank Name:Federal Bank
Branch Name:Regd Office
Reserve Price:₹1,22,00,000
EMD:₹12,20,000
Service Provider:Public Auction
Important Dates
Submission Date:16-12-2025 05:00 PM
Bid Start Date:2025-12-17
Property Description
A residential villa located in the well-connected area of Tambarm, Kanchipuram, Tamil Nadu. This property is being auctioned by Federal Bank under SARFAESI regulations. It presents a valuable opportunity for homebuyers or investors seeking a property in a developing region. The villa offers comfortable living spaces and is situated in a desirable neighborhood.
State:Tamil Nadu
City:Kanchipuram
Area:Tambarm
Asset Category:Residential
Full Address:A1, Villa Gardenia, Villa bearing No.A1, "Villa Gardenia", Sholinganallur Village, Tambaram Taluk, Kancheepuram District, Sholinganallur Village, Kancheepuram
Building/Society:Villa Gardenia
Size:2058 Sq.Ft
Auction Description
Federal Bank is conducting a SARFAESI auction for a residential villa in Tambarm, Kanchipuram, Tamil Nadu. The auction will take place on December 17, 2025, between 11:00 AM and 12:00 PM. The reserve price for this auction is ₹1,22,00,000, with an Earnest Money Deposit (EMD) of ₹12,20,000 required to participate. This is a prime opportunity to acquire a property directly from the bank.
Borrower Name:Sri.Karthikeyan.S
Auction Type:SARFAESI Auction
Guarantor Names:Smt.Chitra.S
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The villa in Tambaram presents a solid investment prospect due to its desirable location and manageable reserve price. The physical possession status adds further appeal, making it a potentially lucrative opportunity for buyers seeking a residential property in a developing area. While further due diligence is advised, the property's characteristics align with a favorable recommendation.
Contact Details
Branch:Branch Office : Regd Office
Service Provider:Public Auction
Contact Details:
Contact no: —
