Flat for auction 514A Orchid Springs, Korattur, Chennai by Punjab & Sind Bank

Property for Auction in Korattur, Chennai, Tamil Nadu

Property Type IconProperty Type:
Flat
Location IconLocation:
Korattur, Chennai
Auction Date IconAuction Date:
30-06-2025 11:30 AM

Auction Details

Auction ID:523661

Bank Name:Punjab & Sind Bank

Branch Name:Branch: George Town, Chennai

Reserve Price:78,00,000

EMD:7,80,000

Service Provider:ebkray

Important Dates

Submission Date:27-06-2025 11:00 AM

Bid Start Date:30-06-2025 11:30 AM

Property Description

Residential Flat bearing No. 54, Block No. 4, Gulmohar Tower, Flat No. 1101, 11th Floor in the residential building complex named and known as "Orchid Springs" situated in water canal Road, Korattur, Chennai. The property comprises lands in "Orchid Springs" bearing Survey Nos. 514A/1, 5144/2, 537/A, 538, 538/1, 541, 542, 545, 546, 561, 589, 590, 591, 592/1, 592/2, 592/3, and 594/2, of Korattur Village, Ambattur Taluk, Thiruvallur District. It also includes lands in "Orchid Springs" bearing Plot Nos. 1,2 and 3, comprised in Survey No. 536/B, measuring 10072 sq. ft in Survey No. 539, Korattur Village, Ambattur Taluk, Thiruvallur District. The total area measures 62563.81 sq. meters. Boundaries: North by: Vacant Land, South by: Vacant Land, East by: Water Canal Road, West by: Lake. Schedule-B includes lands on water canal road in Survey Nos 514A/1, 514A/2, 537/A, 538, 538/1, 541, 542, 545, 546, 561, 589, 500, 591, 592/1, 592/2, AND 594/2. Plots No. 1, 2 and 3 comprised in Survey No. 536/B, measuring 10072 sq. ft of Korattur Village, Ambattur Taluk, in all measuring 52727.23 sq. meters. Total of 253.84 sq. ft of undivided right, title, and interest in Schedule B Property and all that piece of Apartment No. 1101, measuring 1336 sq.ft. super built area, situated in 11th Floor with exclusive spaces for Car Parking.

State:Tamil Nadu

City:Chennai

Area:Korattur

Asset Category:Residential

Auction Description

Punjab & Sind Bank is auctioning a residential flat in Korattur, Chennai. The flat is located on the 11th floor of Gulmohar Tower, Block No. 4, in the "Orchid Springs" complex. The property includes an undivided right, title, and interest in Schedule B property and an apartment of 1336 sq.ft. super built area with exclusive car parking. The auction is a SARFAESI auction with a reserve price of 7,800,000.00 and an EMD of 780,000.00. The auction will be conducted by ebkray. The auction starts on 30-06-2025 at 11:30 AM and ends on 30-06-2025 at 04:00 PM. Application submission deadline is 27-06-2025 11:00 AM. For inquiries, contact the Authorized Officer at 8607925026.

Borrower Name:M/s.Universal Hospitality Services

Auction Type:SARFAESI Auction

Contact Details

contact: Authorised Officer on Tel No Mobile No.8607925026

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