Property Type:
Location:
Auction Date:Auction Details
Auction ID:552109
Bank Name:Indian Overseas Bank
Branch Name:REGIONAL OFFICE - CHENNAI
Reserve Price:₹29,45,000
EMD:₹2,95,000
Service Provider:BAANKNET
Important Dates
Submission Date:21-08-2025 03:00 PM
Bid Start Date:21-08-2025 11:00 AM
Property Description
A residential flat located in the vibrant area of Poonamallee, Chennai, Tamil Nadu. This property is being auctioned by Indian Overseas Bank due to loan default by the borrower, Mr. R. Sivanandam. The flat represents a solid real estate investment opportunity in a developing part of Chennai. Further details regarding the exact location, size, and amenities of the flat can be obtained from the official auction notice.
State:Tamil Nadu
City:Chennai
Area:Poonamallee
Asset Category:Residential
Auction Description
Indian Overseas Bank presents a SARFAESI auction for a residential flat in Poonamallee, Chennai, Tamil Nadu. The property is offered at a reserve price of ₹29,45,000, with an Earnest Money Deposit (EMD) of ₹2,95,000 required. This is a prime opportunity to acquire a flat in a sought-after location. The auction will be conducted online on August 21, 2025, starting at 11:00 AM and concluding at 3:00 PM. Don't miss this chance to secure a valuable asset.
Borrower Name:Mr.R.Sivanandam
Auction Type:SARFAESI Auction
Contact Details
Mr.Madan Mohan Khuntia Mob: 89814 70403,044-2442 5585
