Land for auction 5A2A K.T Gunasekar Vengathur Tiruvallur by Bank of Maharashtra

The property for auction is a piece of land measuring a total of 5000 sq.ft., located in Vengathur Village, Thiruvallur Taluk, Kodambathur Panchayat Union, Thiruvallur District, Tamil Nadu. It comprises two portions: one of 2250 sq.ft. and another of 2750 sq.ft. (based on land measurement, although the sale deed states 3000 sq.ft. for the second portion). These lands are comprised in survey numbers 182 & 183, New Survey Numbers 182/5A2A & 183/6A2A, with the present Patta No. being 3120. Item 1 (2250 sq.ft.) is bounded North by balance land of vendors, South by Chennai Poonamalle High Road, East by balance land of vendors (6470 sq.ft Land KT Palanichamy and K.T Gunasekar), and West by item no 2 land. Its dimensions are 25 feet (East-West, Northern side), 20 feet (East-West, Southern side), 100 feet (North-South, Eastern part), and 100 feet (North-South, Western side). Item 2 (2750 sq.ft.) is bounded North by S Baskaran Land purchased from C Arul, South by Chennai Poonamalle High Road, East by Item No 1 Land (2250 sq ft), and West by S Baskaran land. Its dimensions are 25 feet (East-West, Northern side), 30 feet (East-West, Southern side), 100 feet (North-South, Eastern part), and 100 feet (North-South, Western side). The property is classified under the Residential asset category and is being auctioned under the SARFAESI Act.

This is a SARFAESI auction for a residential land property located in Vengathur, Tiruvallur, Tamil Nadu. The property is being auctioned by the Bank of Maharashtra, with a reserve price of 24,480,000.00 and an EMD of 2,448,000.00. The auction is scheduled for March 11, 2025, from 1:00 PM to 5:00 PM. The property consists of two parcels of land totaling 5000 sq.ft. The first parcel measures 2250 sq.ft. and the second measures 2750 sq.ft. (as per land measurement, though sale deed mentions 3000 sq.ft.). Both parcels are situated in Vengathur Village, Thiruvallur Taluk. The boundaries for each parcel are detailed, with both having the Chennai Poonamalle High Road as their southern boundary. Encumbrance is listed as Nil, as known to the bank, but purchasers are advised to verify.