Flat for auction PACE BUILDERS, Tambaram, Chennai by Karnataka Bank

Residential Flat bearing No. T-12, measuring an extent of building 1122 sq.ft., in the Third Floor, 485.63 Sq ft., Undivided Share out of total 51526.4 sq.ft of the Block No: 2 & 3 of the building on the "PACE BUILDERS" TAMBARAM Village, Service Road (Maduravoyal Bye Pass Road) Comprised in Survey No:33/1A Part, 31/2A Part, 31/1B, 31/1C Part, 31/1D Part & 31/1E1 Part (New T.S.9/9 Part, 9/10 Part, 9/11 Part, 9/12 part, 9/13 Part & 15/2 part) having extent of 118.18 cent is Bounded on the North by: New Town Survey No:9/8 and Road, South by: New Town Survey No:15/1 and 15/3, East by : Maduravoyal Byepass Road, West by New Survey No:9/8, 10/2, 10/5, 10/6 and 15/1. With in Sub Registration District of Tambaram and Registration District of Chennai South. Physical Possession Date: 24.01.2025.

This is a SARFAESI auction for a residential flat located in Tambaram, Chennai, Tamil Nadu. The property is Flat No. T-12, measuring 1122 sq.ft. of built-up area, situated on the third floor. It includes an undivided share of land measuring 485.63 sq.ft. The property is part of the "PACE BUILDERS" project. The reserve price for this auction is INR 54,40,000, with an Earnest Money Deposit (EMD) of INR 5,44,000. The auction will be conducted by Auctionbazaar on behalf of Karnataka Bank. Physical possession is expected on 24.01.2025. The auction is scheduled for March 19, 2025, from 11:00 AM to 11:30 AM. Application submission deadline is March 18, 2025, by 04:00 PM. The property is located at Tambaram Village, Service Road (Maduravoyal Bye Pass Road).