Flat for auction First Floor Mambalam Chennai by Indian Overseas Bank

This is a Residential Duplex Flat located in West Mambalam, Chennai, offered for auction by Indian Overseas Bank. The flat is on the Ground & First Floor of an apartment building. It includes a super built-up area of 1440 Sq.ft and a reserved car parking space. The property also comes with an undivided share of land. The auction is a SARFAESI Auction with a reserve price of ₹1,18,71,000.00 and an Earnest Money Deposit (EMD) of ₹11,87,100.00. The auction will be conducted on 24-02-2025 from 11:00 AM to 03:00 PM.

Residential Duplex Flat bearing Flat No.G-1, situated in the Ground & First Floor premises of the apartment building constructed in the Plot No: 1, Old Door No: 8, New Door No: 27, situated at Devanathan Colony, Reddykuppam Road, West Mambalam, Chennai-600 033. The flat has a super built-up area of 1440 Sq.ft, including common area, and a reserved car parking space in the stilt floor. It includes an undivided share of land measuring 688 Sq.ft out of the land measuring 1763 Sq.ft. The property is bounded by Devanathan Colony and Corporation Road to the North, property belonging to Mr.Janakirama Reddy and Company to the South, Land and House belonging to Mr.Chakravarathi to the East, and Plot No: 2 belonging to Mr.Margabandhu to the West. The property is within the Registration District of Chennai South and the Sub-Registration District of T.Nagar, standing in the names of Mrs.S.Sivapriya and Mr. V. Suresh Kannan.