Land for auction 6640 Bharath Nagar, Madipakkam, Chennai by Indian Overseas Bank

Property for Auction in Madipakkam, Chennai, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Madipakkam, Chennai
Auction Date IconAuction Date:
28-07-2025 11:00 AM

Auction Details

Auction ID:539698

Bank Name:Indian Overseas Bank

Branch Name:Tuticorin Pearl City Branch

Reserve Price:24,81,85,859

EMD:2,48,18,586

Service Provider:BAANKNET

Important Dates

Submission Date:25-07-2025 05:00 PM

Bid Start Date:28-07-2025 11:00 AM

Property Description

A plot of land measuring 53.09 Cents (after government acquisition of 2.91 Cents or 1269 Sq.ft for road widening) situated at Door Nos: 68 and 68-A, Medavakkam Main Road, Bharath Nagar, Madipakkam, Chennai-600 091. The land is comprised in Survey Nos: 267, 267/9 and 267/98, T.S.No: 119/1 in Block No: 22, Ward-H of Keelakattalai Village. The property includes a building with built-up areas of G.F 6640 Sq.ft, F.F 5460 Sq.ft, and S.F 250 Sq.ft. The property is located within the Registration District of Chennai South and Sub-Registration District of Pallavaram.

State:Tamil Nadu

City:Chennai

Area:Madipakkam

Asset Category:Residential

Auction Description

Indian Overseas Bank is conducting a SARFAESI auction for a land property in Madipakkam, Chennai. The land measures 53.09 Cents, located at Door Nos: 68 and 68-A, Medavakkam Main Road. The property is comprised in Survey Nos: 267, 267/9 and 267/98, T.S.No: 119/1 in Block No: 22, Ward-H of Keelakattalai Village. It has a building with built-up areas of G.F 6640 Sq.ft, F.F 5460 Sq.ft, and S.F 250 Sq.ft. The land is bounded by properties belonging to Mrs. Eswari Ammal to the North, Mrs. Saraswathi Ammal (Arul Raj Timber Depot) to the South, Medavakkam Main Road to the East, and Mr. Arjunan's property to the West. The auction is for the land and the building constructed thereon. The reserve price is 24,81,85,859.00 and the EMD is 2,48,18,586.00. The auction will be held on July 28, 2025, from 11:00 AM to 4:00 PM. Applications must be submitted by July 25, 2025, 5:00 PM. Contact 0461-2321614, 2321612, 8925951326 or [email protected] for details.

Borrower Name:M/s.Siva Timbers and its partners

Auction Type:SARFAESI Auction

Contact Details

Contact TelePhone No:0461-2321614, 2321612,8925951326, Email id: [email protected]

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