Property for Auction in Medavakkam, Chennai, Tamil Nadu
Auction ID:579757
Bank Name:Indian Bank
Branch Name:chennai
Reserve Price:₹1,62,00,000
EMD:₹16,20,000
Service Provider:BAANKNET
Submission Date:24-09-2025 04:00 PM
Bid Start Date:24-09-2025 11:00 AM
This is a bank auction property located in Medavakkam, Chennai, Tamil Nadu. The property is categorized as Residential and consists of Land and Building. It is being auctioned by Indian Bank under the SARFAESI Act. The reserve price is INR 1,62,00,000 and the EMD is INR 16,20,000. This presents a valuable opportunity for buyers interested in the Medavakkam real estate market.
State:Tamil Nadu
City:Chennai
Area:Medavakkam
Asset Category:Residential
Indian Bank presents a SARFAESI auction for a Land and Building property in Medavakkam, Chennai, Tamil Nadu. The auction will commence on September 24, 2025, at 11:00 AM and conclude on the same day at 06:00 PM. The reserve price is set at INR 1,62,00,000, with an Earnest Money Deposit (EMD) of INR 16,20,000 required to participate. This auction is a direct sale from the bank for the property associated with M/S. HORIZON ENTERPRISES.
Borrower Name:M/S. HORIZON ENTERPRISES
Auction Type:SARFAESI Auction
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