Flat for auction D Two Covered Car Park Medavakkam Chennai by City Union Bank

Flat No.D on the Third Floor in Block II of the storied building known as Fountain Square with 1,965 Sq. ft., of Built-up Area (inclusive of a proportionate share in common areas) together with Two Covered Car Park Spaces numbered as D3 on the stilt level together with 1,102.70 Sq ft., of undivided share. The land is comprised in T.S.No.40 and 60 of Block No.38, Ayyanavaram Division Purasawalkam-Perambur Taluk, Chennai, situated at No. 21. Medavakkam Tank Road, Chennai. The property also includes land of an extent of 1,356 Sq.ft., comprised in Old T.S. No.59, New T.S.No.59/1 of Block No.38. Ayyanavaram situated at Old No.47, New No.58, Chengalvarayan II Lane, Ramalingapuram, Chennai 600012.

This is a SARFAESI auction for a Residential Flat in Medavakkam, Chennai, conducted by City Union Bank. The property is Flat No.D on the Third Floor in Block II of the building known as Fountain Square, with a built-up area of 1,965 Sq. ft., including common areas. It also comes with two covered car park spaces numbered D3 on the stilt level. The total undivided share in the land is 1,102.70 Sq. ft. The land is comprised in T.S.No.40 and 60 of Block No.38, Ayyanavaram Division Purasawalkam-Perambur Taluk, Chennai, situated at No. 21. Medavakkam Tank Road, Chennai. An additional parcel of land of 1,356 Sq.ft., comprised in Old T.S. No.59, New T.S.No.59/1 of Block No.38, Ayyanavaram, situated at Old No.47, New No.58, Chengalvarayan II Lane, Ramalingapuram, Chennai 600012 is also included. The auction has a reserve price of 19,000,000.00 and an EMD of 1,900,000.00. The auction is scheduled for 27-03-2025 from 01:00 PM to 02:00 PM. Applications must be submitted by 26-03-2025 05:00 PM. Contact details for the Credit Recovery and Management Department are 044-27666636. The borrower is M/s Vimal Traders.