Flat for auction Poonamallee, Chennai by Indian Overseas Bank

Property for Auction in Poonamallee, Chennai, Tamil Nadu

Property Type IconProperty Type:
Flat
Location IconLocation:
Poonamallee, Chennai
Auction Date IconAuction Date:
21-08-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:21-08-2025 03:00 PM

Bid Start Date:21-08-2025 11:00 AM

Property Description

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

Auction Description

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

Contact Details

Mr.Madan Mohan Khuntia Mob: 89814 70403,044-2442 5585

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