Property Type:
Location:
Auction Date:Auction Details
Auction ID:574064
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, POONAMALLEE
Reserve Price:₹46,65,000
EMD:₹4,66,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-09-2025 09:30 AM
Bid Start Date:24-09-2025 10:00 AM
Property Description
A residential flat located in Madhavaram, Chennai, Tamil Nadu. This property is part of a SARFAESI auction conducted by Indian Bank. It is an excellent opportunity to acquire a property in a well-connected area of Chennai.
State:Tamil Nadu
City:Chennai
Area:Madhavaram
Asset Category:Residential
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential flat in Madhavaram, Chennai, Tamil Nadu. The auction will take place on 24-09-2025, starting at 10:00 AM and ending at 04:00 PM. The reserve price for this property is INR 46,65,000, with an Earnest Money Deposit (EMD) of INR 4,66,000. This is a legal auction process initiated due to loan default by the borrower, Mr. Amit Kumar Sharma.
Borrower Name:Mr. Amit Kumar Sharma
Auction Type:SARFAESI Auction
Contact Details
Telephone: 044-28252043, 29862238
