Land for auction 2 Mount, Chennai by Indian Overseas Bank

This residential property, categorized as Land and Building, is situated in the highly desirable Mount Road area of Chennai, Tamil Nadu. Formerly mortgaged by Mr. M. Veerappan, the property offers excellent potential for residential use or investment. Its strategic location in one of Chennai's key commercial and residential hubs ensures accessibility and convenience. The property is being auctioned under SARFAESI Act by Indian Overseas Bank.

Indian Overseas Bank is pleased to present a SARFAESI auction for a valuable Land and Building property located in the prime area of Mount Road, Chennai, Tamil Nadu. This is a fantastic opportunity to acquire a significant asset with a reserve price of ₹2,27,00,000. The Earnest Money Deposit (EMD) required is ₹22,70,000. The auction will be conducted on 21-08-2025, commencing at 11:00 AM and concluding at 03:00 PM. Don't miss this chance to invest in a sought-after location.