Land for auction 1 Landon Garden, Ambattur, Chennai by SMFG INDIA CREDIT COMPANY

Property for Auction in Ambattur, Chennai, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Ambattur, Chennai
Auction Date IconAuction Date:
15-02-2025 11:00 AM

Auction Details

Auction ID:435898

Bank Name:SMFG INDIA CREDIT COMPANY LIMITED

Branch Name:Corporate Office : Mumbai

Reserve Price:19,65,00,000

EMD:1,96,50,000

Service Provider:Public Auction

Important Dates

Submission Date:14-02-2025 05:00 PM

Bid Start Date:15-02-2025 11:00 AM

Property Description

The property is a Land with superstructures located in Ambattur, Chennai. Item 1 is described as land comprised in S.No 649, Venkatapuram, Ambattur, bearing Door No 22 to 27 and shops bearing No 1 to 4. It is bounded by properties belonging to Paramartha Bhushanam Sri Nathella Sampath Chetty's Charities to the North, SNo.648 to the South, a house and ground belonging to the Settlor Nathella Sulochanamma to the East, and Nathella Sampathu Chetty Road to the West. The land measures North to South 107 feet 6 inches and East to West 30 feet. Associated documents include Sale Deed dt 10.4.1944 No 503, Surrender Deed Dated 30.3.1972, Settlement Deed 7.10.1972 D.No 1945, Supplementary Deed Dated 30.11.1972 D.No 497, PattaNo 648/4,649/1,650/2, and a No lien letter dt 29.1.2015. There is also mention of Door No.3 (old D.No 4) at the Northern row of professor Subramaniam street, Landon Gardens Kilpauk, Chennai 600010 as Item 2, although specific details for Item 2 are not fully provided in the description.

State:Tamil Nadu

City:Chennai

Area:Ambattur

Asset Category:Residential

Auction Description

SMFG INDIA CREDIT COMPANY LIMITED is conducting a SARFAESI Auction for a Land property in Ambattur, Chennai. The auction will take place on 15-02-2025 from 11:00 AM to 01:00 PM. The reserve price is 196,500,000.00 with an EMD of 19,650,000.00. The property includes land with superstructures located at S.No 649, Venkatapuram in Ambattur, bearing Door No 22 to 27 and shops bearing No 1 to 4. The land measures approximately 107 feet 6 inches North to South and 30 feet East to West. The auction is managed by Public Auction. For inquiries, contact Mr Raghu B S at +91-9886273806.

Borrower Name:Nathella Sampath Jewelry Private Limited

Auction Type:SARFAESI Auction

Contact Details

Mr Raghu B S +91-9886273806

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