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Edelweiss Asset Reconstruction Company Limited has taken symbolic possession of multiple immovable properties across Tamil Nadu due to borrowers’ defaults on loans assigned from various housing finance and financial services trusts. The combined outstanding principal amounts range from around Rs. 11 lakh to Rs. 51 lakh per account. Properties include residential land and buildings in districts such as Kanchipuram, Salem, and Tiruvallur. Borrowers and the public are cautioned against dealing with these assets, which remain under charge until dues are cleared. This move signals intensified recovery efforts, impacting borrowers and protecting creditor interests.