Property Type:
Location:
Auction Date:Auction Details
Auction ID:585834
Bank Name:Indian Overseas Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹4,60,50,000
EMD:₹46,05,000
Service Provider:BAANKNET
Important Dates
Submission Date:11-10-2025 05:00 PM
Bid Start Date:13-10-2025 10:30 AM
Property Description
A residential flat located in the prime area of Chetpet, Chennai, Tamil Nadu. This property is part of a SARFAESI auction conducted by Indian Overseas Bank. The asset category is residential, offering an excellent opportunity for homeownership or investment in a sought-after location. The property is associated with borrower M/s.Jain Granites & Projects India Limited.
State:Tamil Nadu
City:Chennai
Area:Chetpet
Asset Category:Residential
Auction Description
Indian Overseas Bank presents a SARFAESI auction for a residential flat in Chetpet, Chennai, Tamil Nadu. The auction will take place on 13-10-2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this auction is ₹4,60,50,000, and the Earnest Money Deposit (EMD) required is ₹46,05,000. This is a prime opportunity to acquire a property in a desirable Chennai locality. Interested bidders should review all auction terms and conditions.
Borrower Name:M/s.Jain Granites & Projects India Limited
Auction Type:SARFAESI Auction
Contact Details
Contact Person Rameswar Soren Mob: 88022 43377, Vinuraj MP-Mob: 89259 51535
