Flat for auction 1 Indian Overseas Bank Mambalam Chennai by Indian Overseas Bank

Property for Auction in Mambalam, Chennai, Tamil Nadu

Property Type IconProperty Type:
Flat
Location IconLocation:
Mambalam, Chennai
Auction Date IconAuction Date:
28-08-2025 11:00 AM

Auction Details

Auction ID:555280

Bank Name:Indian Overseas Bank

Branch Name:REGIONAL OFFICE - CHENNAI

Reserve Price:98,20,000

EMD:9,82,000

Service Provider:BAANKNET

Important Dates

Submission Date:28-08-2025 10:00 AM

Bid Start Date:28-08-2025 11:00 AM

Property Description

This offering is for a residential flat located in the Mambalam area of Chennai, Tamil Nadu. Situated in a sought-after urban locale, this property presents a promising prospect for ownership. The flat is part of a bank auction conducted by Indian Overseas Bank under the SARFAESI Act. It is an ideal opportunity for individuals or investors looking to purchase a home or investment property in Chennai. The property is categorized as residential and is a flat.

State:Tamil Nadu

City:Chennai

Area:Mambalam

Asset Category:Residential

Auction Description

Indian Overseas Bank presents a SARFAESI auction for a residential flat in Mambalam, Chennai, Tamil Nadu. The property belongs to Mrs. Chodithya Narayana Reddy Gari. This is a fantastic opportunity to acquire a flat in a desirable location. The auction will be held on August 28, 2025, from 11:00 AM to 03:00 PM. The reserve price is ₹98,20,000, with an Earnest Money Deposit (EMD) of ₹9,82,000 required to participate. Don't miss this chance to bid on this bank-auctioned property.

Borrower Name:Mrs. Chodithya Narayana Reddy Gari

Auction Type:SARFAESI Auction

Contact Details

Mob: 8925950075

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