Property for Auction in Pammal, Chennai, Tamil Nadu
Auction ID:541725
Bank Name:Indian Overseas Bank
Branch Name:REGIONAL OFFICE - CHENNAI
Reserve Price:₹36,00,000
EMD:₹3,60,000
Service Provider:BAANKNET
Submission Date:28-07-2025 05:00 PM
Bid Start Date:29-07-2025 11:00 AM
The property is a vacant house site bearing Plot No.60, measuring 2578 sq.ft, in the approved layout Ramachandra Nagar by CMDA. It is situated in Gerugambakkam Village, Pammal, Chennai. The property is bounded by Plot No. 65 on the North, Plot No. 59 and a 16 feet road on the South, Plot No. 61 on the East, and vacant land (now a 30 feet road) on the West. The dimensions are: North: 41 feet, South: 41 feet 8 feet splay, East: 50 feet +8 feet Splay, West: 58 feet. The schedule also includes 470 sq.ft of undivided share along with Flat No. G1 on the Ground Floor, having a built-up area of 856 sqft, with a reserved covered car parking. The owner of the property is Mr.S.Rajasekaran.
State:Tamil Nadu
City:Chennai
Area:Pammal
Asset Category:Residential
This is a SARFAESI Auction by Indian Overseas Bank for a residential house in Pammal, Chennai, Tamil Nadu. The property is a vacant house site measuring 2578 sq.ft, located in Ramachandra Nagar. It includes an undivided share of 470 sq.ft and Flat No. G1 on the Ground Floor with 856 sqft built-up area and reserved car parking. The reserve price is INR 36,00,000 and the EMD is INR 3,60,000. The auction will be conducted on 29-07-2025 from 11:00 AM to 03:00 PM.
Borrower Name:Mr.S.Rajasekaran
Auction Type:SARFAESI Auction
Contact MMDA Nagar Branch Ms.Prabhavathi A - Mob: 98407 93232