Land for auction 3A Zamin Pallavaram, Chennai-600043, Pallavaram, Chennai by City Union...

Property for Auction in Pallavaram., Chennai, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Pallavaram., Chennai
Auction Date IconAuction Date:
06-03-2025 01:00 PM

Auction Details

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

Important Dates

Submission Date:06-03-2025 12:00 PM

Bid Start Date:06-03-2025 01:00 PM

Property Description

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

Auction Description

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

Contact Details

Tele Phone No: 04423781805 / Cell No: 9344038607

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