🏦 BANK E-AUCTION PROPERTY

📍 Location: Manali New Town
(Sadayankuppam)

🌳 Near TNHB Phase II Children's Park (மாநகராட்சி பூங்கா)

━━━━━━━━━━━━━━━━━━

🌿 VACANT LAND AUCTION

A rare large-scale land investment opportunity in the rapidly developing Manali New Town region. The property is divided into three independent auction lots, offering investors the flexibility to purchase individual parcels or acquire the entire land holding of approximately 3.72 Acres for future development, industrial use, warehousing, plotting, institutional projects, or long-term investment.

━━━━━━━━━━━━━━━━━━

🔹 ITEM NO. 1

📍 Survey No: 94

📐 Middle Portion of Land

🌳 Land Extent: 1 Acre 32 Cents

🧭 Facing: North

🛣️ Road Width: 20 Feet

🚪 Possession: Occupied

💰 Reserve Price: ₹5,18,00,000

💵 Previous Price: ₹5,75,56,000

🔐 EMD Amount: ₹51,80,000

📈 Bid Increment: ₹1,00,000

━━━━━━━━━━━━━━━━━━

🔹 ITEM NO. 2

📐 Western Side Land

🌳 Land Extent: 1 Acre 00 Cent

🧭 Facing: West

🛣️ Road Width: 20 Feet

🚪 Possession: Occupied

💰 Reserve Price: ₹3,92,42,000

💵 Previous Price: ₹4,36,03,000

🔐 EMD Amount: ₹39,24,200

📈 Bid Increment: ₹1,00,000

━━━━━━━━━━━━━━━━━━

🔹 ITEM NO. 3

📐 Eastern Side Land

🌳 Land Extent: 1 Acre 40 Cents

🧭 Facing: East

🛣️ Road Width: 20 Feet

🚪 Possession: Occupied

💰 Reserve Price: ₹5,49,40,000

💵 Previous Price: ₹6,10,45,000

🔐 EMD Amount: ₹54,94,000

📈 Bid Increment: ₹1,00,000

━━━━━━━━━━━━━━━━━━

✨ Special Investment Advantage

✅ Purchase any individual parcel based on your requirement

✅ Opportunity to acquire the entire 3.72 Acre land holding by purchasing all three auction items

✅ Suitable for residential layouts, warehouses, logistics parks, industrial developments, educational institutions, commercial projects, or long-term land banking

✅ Strategic location within the expanding Manali New Town growth corridor

✅ Excellent future appreciation potential due to ongoing infrastructure and urban development

━━━━━━━━━━━━━━━━━━

📍 Location Highlights

🌳 TNHB Phase II Children's Park – Nearby

🛣️ Easy connectivity to Manali, Madhavaram, Ennore and North Chennai industrial corridors

🏭 Close proximity to major industrial and logistics hubs

🚛 Suitable for large-scale commercial and industrial development

🏘️ Located in an emerging growth zone with increasing land demand

━━━━━━━━━━━━━━━━━━

💰 Combined Land Opportunity

📏 Total Land Extent if All Three Lots are Purchased: Approximately 3 Acres 72 Cents

💎 A premium large-format land parcel rarely available through bank auction at a significantly reduced reserve price.

━━━━━━━━━━━━━━━━━━

🗓️ Auction Schedule

📅 Last Date for EMD Submission: 26.05.2026

🔨 Auction Date: 27.05.2026

━━━━━━━━━━━━━━━━━━

⚠️ Payment Terms

📝 EMD must be paid on or before 26.05.2026 to participate in the auction

✔️ 15% of the successful bid amount to be paid within 24 Hours of auction completion

✔️ Remaining 75% to be paid within 15 Days from confirmation of sale

━━━━━━━━━━━━━━━━━━

📞 Authorized By

🏢 Chennai Asset Recovery Pvt. Ltd.

📱 90879 41000 | 98400 35057

☎️ 044-42620608

━━━━━━━━━━━━━━━━━━

🌟 An exceptional opportunity for investors, developers, industrial operators, and land bankers to secure a strategically located land parcel of up to 3.72 Acres in Manali New Town. With flexible purchase options, strong connectivity, development potential, and attractive reserve pricing, this auction presents a valuable chance to acquire a large landholding in one of North Chennai's emerging growth corridors. 🌿🏗️📈💼