Land for auction 28 Manimegalai Nagar, Tambaram, Chennai by Indian Overseas Bank

Vacant residential land to an extent of 2407 sq.ft situated in Plot No.28, in Survey No- No.439/5 of Manimegalai Nagar of Pallikaranai Village, previously Tambaram Taluk & now Sholinganallur Taluk, within Registration Office of Saidapet Division-1. Bounded On the North: 24 feet road, On the South: Plot No.27, 20 & 19, On the East Plot No.30, On the West: Plot No.27. The above property is covered under Sale Deed No 112/2005 registered at SRO Saidapet

This is a SARFAESI Auction for a vacant residential land parcel located in Tambaram, Chennai, by Indian Overseas Bank. The property is situated in Plot No. 28, Survey No. 439/5 of Manimegalai Nagar, Pallikaranai Village, previously Tambaram Taluk and now Sholinganallur Taluk. The land extends to 2407 sq.ft. It is bounded by a 24 feet road to the North, Plot No. 27, 20 & 19 to the South, Plot No. 30 to the East, and Plot No. 27 to the West. The property is associated with Sale Deed No 112/2005 registered at SRO Saidapet. The reserve price is ₹60,75,000.00 and the EMD is ₹6,07,500.00. The auction will be conducted by Indian Overseas Bank, Regional Office - Chennai, via BAANKNET. The auction is scheduled for July 28, 2025, from 10:00 AM to 11:30 AM. Application submission deadline is July 28, 2025, at 09:30 AM. The borrower is M/s Marg Properties Ltd.