Property for Auction in Chetpet, Chennai, Tamil Nadu
Auction ID:556317
Bank Name:Indian Overseas Bank
Branch Name:Chennai
Reserve Price:₹5,52,60,000
EMD:₹55,26,000
Service Provider:BAANKNET
Submission Date:26-08-2025 10:30 AM
Bid Start Date:26-08-2025 10:30 AM
This property, located in the desirable Chetpet area of Chennai, Tamil Nadu, is classified as Residential and consists of Land and a Building. Previously owned by M/s. Jain Granites & Projects India Limited, it is now being auctioned by Indian Overseas Bank. Chetpet is a sought-after locality known for its blend of residential and commercial establishments, offering good connectivity and amenities. The property presents an excellent investment prospect in a prime Chennai location.
State:Tamil Nadu
City:Chennai
Area:Chetpet
Asset Category:Residential
Indian Overseas Bank presents a SARFAESI auction for a Land and Building property in Chetpet, Chennai, Tamil Nadu. The auction will take place on August 26, 2025, from 10:30 AM to 11:30 AM. The reserve price is ₹5,52,60,000, with an Earnest Money Deposit (EMD) of ₹55,26,000. This is a prime opportunity to acquire a valuable asset in a well-established area. Don't miss out on this bank auction.
Borrower Name:M/s.Jain Granites & Projects India Limited
Auction Type:SARFAESI Auction
Rameswar Soren -Mobile No : 8802243377 / Vinuraj MP - Mobile No : 8925951535