Indian Overseas Bank Villa Auction in Kottivakkam, Chennai

Property for Auction in Kottivakkam, Chennai, Tamil Nadu

Reserve Price
2,30,13,750
Map Preview Unavailable
Reserve Price
2,30,13,750
EMD Required
23,01,375
Property Specifications
Society/Building
Size
Unit No.
Floor
Possession Status
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Villa
Location IconLocation:
Kottivakkam, Chennai
Auction Date IconAuction Date:
28-03-2025 12:00 PM

Auction Details

Auction ID:474072

Bank Name:Indian Overseas Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:2,30,13,750

EMD:23,01,375

Service Provider:BAANKNET

Important Dates

Submission Date:28-03-2025 11:00 AM

Bid Start Date:28-03-2025 12:00 PM

Property Description

Residential Villa bearing Villa No. C, consisting Ground, First and Second Floor premises of the building constructed in the Land bearing Plot Nos: 19 situated at Bharathi Avenue, Kottivakkam, Chennai-600 041, comprised in Old Survey No: 230/2, as per Patta No.2235 New Survey No: 230/2A1A1A2 of Kottivakkam Village, Sholinganallur Taluk, Chennai District, mentioned land known as "PEARL ENCLAVE", having super built-up area of 3540 Sq.ft, including common area, together with 2007 Sq.ft of undivided share of land out of the land measuring 8048 Sq.ft. Boundaries of the property: North by: Villa No.D, South by: Villa No.B, East by: 24 Feet wide Road, Bharathi Avenue, West by: Land & Building.

State:Tamil Nadu

City:Chennai

Area:Kottivakkam

Asset Category:Residential

Auction Description

This is a SARFAESI Auction conducted by Indian Overseas Bank for a residential Villa located in Kottivakkam, Chennai. The property, Villa No. C, comprises Ground, First, and Second Floors with a super built-up area of 3540 Sq.ft. It includes an undivided share of 2007 Sq.ft. out of a total land measuring 8048 Sq.ft. The property is situated at Bharathi Avenue, Kottivakkam, Chennai-600 041. The reserve price is INR 2,30,13,750.00, with an EMD of INR 23,01,375.00. The auction is scheduled for March 28, 2025, from 12:00 PM to 03:00 PM. The property is owned by Mr. KR Gandhi and Mrs. Sudha G. For inquiries, contact Mr. Abhay Kardam at 8755364735.

Borrower Name:Mr. K R Gandhi

Auction Type:SARFAESI Auction

Contact Details

Branch:Branch Office : Asset Recovery Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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