Flat for auction CEANDPORTIONOFaresidentialapartmen Nungambakkam Chennai by BOI

This is a residential flat located in the well-connected area of Nungambakkam, Chennai, Tamil Nadu. The property is being auctioned by the Union Bank of India. It presents a valuable opportunity for ownership in a prime Chennai locality. Detailed property specifications and dimensions will be available in the auction notice.

Union Bank of India is conducting a SARFAESI auction for a residential flat in Nungambakkam, Chennai. The auction will take place on September 11, 2025, from 11:00 AM to 5:00 PM. The reserve price for this auction is ₹37,50,000, with an Earnest Money Deposit (EMD) of ₹3,75,000. This is a legal auction under SARFAESI Act, initiated due to loan default by the borrower, Mr. K Sridharan. Interested bidders are advised to review all auction terms and conditions carefully before participating.