Property for Auction in Poonamallee, Chennai, Tamil Nadu
Auction ID:552108
Bank Name:Indian Overseas Bank
Branch Name:REGIONAL OFFICE - CHENNAI
Reserve Price:₹44,65,000
EMD:₹4,47,000
Service Provider:BAANKNET
Submission Date:21-08-2025 03:00 PM
Bid Start Date:21-08-2025 11:00 AM
This auction features a residential flat located in Poonamallee, Chennai, Tamil Nadu. The property is being auctioned by Indian Overseas Bank as part of a SARFAESI action concerning borrower Mr. R. Sivanandam. The flat offers a residential asset opportunity within the developing area of Poonamallee, known for its growing infrastructure and accessibility.
State:Tamil Nadu
City:Chennai
Area:Poonamallee
Asset Category:Residential
Indian Overseas Bank presents a SARFAESI auction for a residential flat in Poonamallee, Chennai, Tamil Nadu. The auction will take place on August 21, 2025, from 11:00 AM to 3:00 PM. The reserve price for this property is ₹44,65,000, with an Earnest Money Deposit (EMD) of ₹4,47,000 required. This is a valuable opportunity to acquire a property in a sought-after location in Chennai.
Borrower Name:Mr.R.Sivanandam
Auction Type:SARFAESI Auction
Mr.Madan Mohan Khuntia Mob: 89814 70403,044-2442 5585