Flat for auction 51 Madhavaram Villa, Madhavaram, Chennai by SBI

Property for Auction in Madhavaram, Chennai, Tamil Nadu

Property Type IconProperty Type:
Flat
Location IconLocation:
Madhavaram, Chennai
Auction Date IconAuction Date:
26-03-2025 11:00 AM

Auction Details

Auction ID:466301

Bank Name:State Bank of India

Branch Name:Stressed Assets Recovery Branch

Reserve Price:55,00,000

EMD:5,50,000

Service Provider:BAANKNET

Important Dates

Submission Date:25-03-2025 05:00 PM

Bid Start Date:26-03-2025 11:00 AM

Property Description

This is a residential flat located in Madhavaram, Chennai, Tamil Nadu. The property is Flat No. 51, on the 2nd Floor, with a super built-up area of 918 sq ft. It comes with one covered car park and undivided shares of land measuring 455 sq ft out of a total extent of 2574 sq ft. The property is situated in a building with Plat No. 7 (Old Door No. 2/1 A, New Door No. 4) on Nathaji Street, Moolachatram, MMC, Madhavaram, Chennai - 600 060. The land parcel is comprised in Survey No. 110 (subsequently Survey No. 110/1, Patta Survey No. 110/1 A, part) TS No. 23, Block No. 53, Madhavaram Village, Madhavaram Taluk, Thiruvallur District. The boundaries are defined as North by Plot No. 6, South by Plot No. 8, East by Site in Survey No. 110 Part, and West by a 20 feet wide Road (Nethaji Street). The property is within the Registration District of North Chennai and Sub-Registration District of Madhavaram.

State:Tamil Nadu

City:Chennai

Area:Madhavaram

Asset Category:Residential

Auction Description

State Bank of India is auctioning Flat No. 51, located on the 2nd Floor, with a super built-up area of 918 sq ft. The property includes one covered car park and undivided shares of land. It is situated at Nathaji Street, Moolachatram, MMC, Madhavaram, Chennai - 600 060. The property is bounded by Plot No. 6 to the North, Plot No. 8 to the South, a site in Survey No. 110 Part to the East, and a 20 feet wide road (Nethaji Street) to the West. The dimensions are 78 feet East to West on both the Northern and Southern sides, and 33 feet North to South on both the Eastern and Western sides. This property is part of an SARFAESI auction with a reserve price of ₹55,00,000 and an EMD of ₹5,50,000. The auction is scheduled for March 26, 2025, from 11:00 AM to 4:00 PM.

Borrower Name:Mrs. Parveen Banu S

Auction Type:SARFAESI Auction

Contact Details

Contact No : Sri Jidagam S.R.L.Swamy 7810068331, 044-28881034

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