Property for Auction in Madhavaram, Chennai, Tamil Nadu
Auction ID:534916
Bank Name:Punjab National Bank
Branch Name:ARMB
Reserve Price:₹46,34,000
EMD:₹4,63,400
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 11:00 AM
The property is located at Plot No.5 (1976 Sq.Ft.) and Plot No 6 (1950 Sq. Ft.), totaling 3926 Sq. Ft., in the layout known as "Lakshmi Avenue", situated at No.34, Block No.56, Ward D, Madhavaram Village, Chennai District. The property is bounded by a 20 Feet Road to the North, Plot No.11 & 12 to the South, a 24 Feet Road to the East, and Plot No.7 to the West. The dimensions are East to West on the northern side 77 Feet, East to West on the southern side 74 feet, North to South on the eastern side 52 Feet, and North to South on the western side 52 Feet. Additionally, it includes an undivided share of land of 328 Sq. Ft. and Flat No.S3 on the second floor with a super built-up area of 1295 Sq.Ft., including common areas and a covered car parking space. The property's latitude and longitude coordinates are 13.138915, 80.223872.
State:Tamil Nadu
City:Chennai
Area:Madhavaram
Asset Category:Residential
This is a SARFAESI Auction for a Residential Land and Building property in Madhavaram, Chennai, presented by Punjab National Bank. The property comprises of two land plots, totaling 3926 sq. ft., and an undivided share of land along with a flat on the second floor measuring 1295 sq. ft. super built-up area. The auction is scheduled for July 30, 2025, from 11:00 AM to 4:00 PM. The reserve price is INR 4,634,000.00, with an Earnest Money Deposit (EMD) of INR 463,400.00. The property belongs to Mr. R Hemanth Swaroop Raja & Mr. R. Sarath Chandra Raja.
Borrower Name:Mr. R Hemanth Swaroop Raja
Auction Type:SARFAESI Auction
Cell No : 9789922002 / 9392387502