Property for Auction in Pallavaram., Chennai, Tamil Nadu
Auction ID:451863
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹1,70,00,000
EMD:₹17,00,000
Service Provider:Public Auction
Submission Date:06-03-2025 12:00 PM
Bid Start Date:06-03-2025 01:00 PM
The property is a vacant land parcel measuring 7,000 square feet, located in Zamin Pallavaram, Chennai. It has a building with all fixtures, fittings, and electrical installations. The boundaries are clearly defined, with neighboring properties and a canal. The land is situated within the Pallavaram Municipality limits.
State:Tamil Nadu
City:Chennai
Area:Pallavaram.
Asset Category:Residential
This is a SARFAESI auction for a residential land property in Pallavaram, Chennai, Tamil Nadu, owned by Ms. S. Tamilmozhi. The property is located at GP Madhavan Street, Dargah Road, Zamin Pallavaram, Chennai-600043. It measures 7,000 square feet and includes a building with fixtures, fittings, and electrical installations. The land is bordered by properties owned by Raghupathy and Velu to the north, Elavarasan and Narayanan houses to the south, a canal to the east, and vacant land with a 15-foot road to the west. The auction is conducted by City Union Bank, with a reserve price of INR 17,000,000.00 and an Earnest Money Deposit (EMD) of INR 1,700,000.00. The auction will take place on March 6, 2025, from 1:00 PM to 3:00 PM. Application submission deadline is March 6, 2025, at 12:00 PM.
Borrower Name:M/s. Fortune Mix India Private Limited
Auction Type:SARFAESI Auction
Tele Phone No: 04423781805 / Cell No: 9344038607