Property for Auction in Tambaram, Chennai, Tamil Nadu
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
Submission Date:28-07-2025 09:30 AM
Bid Start Date:28-07-2025 10:00 AM
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
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 Person: Mr.Abhay Kardam - Mobile no : 8755364735