Property Type:
Location:
Auction Date:Auction Details
Auction ID:574809
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹40,00,000
EMD:₹4,00,000
Service Provider:BAANKNET
Important Dates
Submission Date:25-09-2025 05:00 PM
Bid Start Date:26-09-2025 11:00 AM
Property Description
A residential flat located in Saidapet, Chennai, Tamil Nadu, is up for auction. This property, previously owned by M/s. Padma Enterprises, falls under the Residential asset category. It is being auctioned by Union Bank of India under the SARFAESI Act. The property is situated in a well-known area of Chennai.
State:Tamil Nadu
City:Chennai
Area:Saidapet
Asset Category:Residential
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential flat in Saidapet, Chennai, Tamil Nadu. The auction will commence on September 26, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this property is INR 40,00,000, with an Earnest Money Deposit (EMD) of INR 4,00,000 required to participate. This is an opportunity to acquire a property in a prime location.
Borrower Name:M/s. Padma Enterprises
Auction Type:SARFAESI Auction
Contact Details
Contact Number: 8291220220 Ph: 9137554740
