Land for auction 1 Pallikaranai Villa, Tambaram, Chennai by Indian Overseas Bank

Property for Auction in Tambaram, Chennai, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Tambaram, Chennai
Auction Date IconAuction Date:
28-07-2025 10:00 AM

Auction Details

Auction ID:534688

Bank Name:Indian Overseas Bank

Branch Name:REGIONAL OFFICE - CHENNAI

Reserve Price:1,98,00,000

EMD:19,80,000

Service Provider:BAANKNET

Important Dates

Submission Date:28-07-2025 09:30 AM

Bid Start Date:28-07-2025 10:00 AM

Property Description

This is a residential land property located in Tambaram, Chennai, Tamil Nadu. The total area of the land is 0.18 cents, equivalent to 7840 sq.ft. The property is situated in Pallikaranai Village, Tambaram Taluk. The sale deed associated with this property is No 106/2005, registered at SRO Saidapet.

State:Tamil Nadu

City:Chennai

Area:Tambaram

Asset Category:Residential

Auction Description

Indian Overseas Bank is auctioning a vacant residential land parcel of 0.18 cents (7840 sq.ft) in Tambaram, Chennai. The property is located at Survey No.439/1D, No.119 of Pallikaranai Village, Tambaram Taluk, within the Registration Office of Saidapet Division-1. It is bounded by S.No.439/1A to the North, S.No.438/1A to the South, S.No.439/5 to the East, and S.No.439/1C to the West. The property is covered under Sale Deed No 106/2005 registered at SRO Saidapet. The auction is a SARFAESI Auction with a reserve price of 19,800,000.00 and an EMD of 1,980,000.00. The auction will be conducted by BAANKNET on behalf of Indian Overseas Bank.

Borrower Name:M/s Marg Properties Ltd

Auction Type:SARFAESI Auction

Contact Details

Contact Person: Mr.Abhay Kardam - Mobile no : 8755364735

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