Property for Auction in Tambaram, Chennai, Tamil Nadu
Auction ID:534680
Bank Name:Indian Overseas Bank
Branch Name:REGIONAL OFFICE - CHENNAI
Reserve Price:₹2,53,80,000
EMD:₹25,38,000
Service Provider:BAANKNET
Submission Date:28-07-2025 09:30 AM
Bid Start Date:28-07-2025 10:00 AM
Vacant residential land to an extent of 23 cents (10,018 sq.ft) situated in Survey No 438/1A of Pallikarnai Village of Tambaram Taluk within the Registration Office of Saidapet Division-1. Bounded On the North: Rangathan's Land. On the South: Sankaradevan's land, On the East: Marg Constructions Land, On the West: Vacant Land. The above property is covered under Sale Deed No 1262/2005 registered at SRO Saidapet.
State:Tamil Nadu
City:Chennai
Area:Tambaram
Asset Category:Residential
Indian Overseas Bank is conducting a SARFAESI auction for a vacant residential land measuring 23 cents (10,018 sq.ft) in Tambaram, Chennai. The property is located in Survey No 438/1A of Pallikarnai Village. Bounded by Rangathan's Land to the north, Sankaradevan's land to the south, Marg Constructions Land to the east, and vacant land to the west. The property is covered under Sale Deed No 1262/2005. The reserve price is 25380000.00 with an EMD of 2538000.00. The auction will be held on July 28, 2025, from 10:00 AM to 11:30 AM.
Borrower Name:M/s Marg Properties Ltd
Auction Type:SARFAESI Auction
Contact Person: Mr.Abhay Kardam - Mobile no : 8755364735