Property for Auction in Periyar Nagar, Chennai, Tamil Nadu
Auction ID:550331
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹2,05,00,000
EMD:₹20,50,000
Service Provider:Public Auction
Submission Date:19-08-2025 12:00 PM
Bid Start Date:19-08-2025 01:00 PM
A residential house located in the prime area of Periyar Nagar, Chennai, Tamil Nadu. This property offers a great opportunity for homeowners or investors in one of Chennai's established neighborhoods. The house is part of a bank auction conducted by City Union Bank under the SARFAESI Act.
State:Tamil Nadu
City:Chennai
Area:Periyar Nagar
Asset Category:Residential
City Union Bank presents a SARFAESI auction for a residential house in Periyar Nagar, Chennai. The auction will take place on August 19, 2025, from 1:00 PM to 2:00 PM. The reserve price is INR 2,05,00,000, with an Earnest Money Deposit (EMD) of INR 20,50,000. This is an opportunity to acquire a property formerly associated with M/s.M.M.S Iron Corporation.
Borrower Name:M/s.M.M.S Iron Corporation
Auction Type:SARFAESI Auction
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