Property for Auction in Virugambakkam, Chennai, Tamil Nadu
Auction ID:587904
Bank Name:Indian Overseas Bank
Branch Name:Chennai
Reserve Price:₹1,33,25,000
EMD:₹13,32,500
Service Provider:BAANKNET
Submission Date:30-10-2025 05:00 PM
Bid Start Date:31-10-2025 11:00 AM
A residential flat located in the well-connected area of Virugambakkam, Chennai, Tamil Nadu. This property is being auctioned by Indian Overseas Bank under the SARFAESI Act. Ideal for residents seeking a home in a prime Chennai locality. The flat offers a comfortable living space and is situated in a developed neighborhood with access to essential amenities.
State:Tamil Nadu
City:Chennai
Area:Virugambakkam
Asset Category:Residential
Indian Overseas Bank presents a SARFAESI auction for a residential flat in Virugambakkam, Chennai. The auction will take place on October 31, 2025, from 11:00 AM to 03:00 PM. The reserve price is ₹1,33,25,000, with an Earnest Money Deposit (EMD) of ₹13,32,500 required to participate. This is a prime opportunity to acquire a property in a sought-after Chennai location directly from the bank.
Borrower Name:Mr.M.Suresh Kanna
Auction Type:SARFAESI Auction
Email: lob0075@iob in Mob: 89259 50075