Property for Auction in Periamet, Chennai, Tamil Nadu
Auction ID:539008
Bank Name:Bank of India
Branch Name:CHENNAI ASSET RECOVERY BRANCH
Reserve Price:₹4,30,00,000
EMD:₹43,00,000
Service Provider:BAANKNET
Submission Date:24-07-2025 05:00 PM
Bid Start Date:25-07-2025 11:00 AM
The property is a piece and parcel of land and building bearing Door No.75 (formerly No.33), Gengu Reddy Road, Egmore, Chennai-600 008. It is comprised in O S No.908, presently R S No.532/1, measuring an extent of 3191 Sq.ft. The boundaries are: North by R.S.No.533, South by R.S.No.531, East by R.S.No.532/2 and 530, and West by R.S.No.523 (Gengu Reddy Road). The property falls within the Registration Sub District of Periamet and Registration District of Chennai Central.
State:Tamil Nadu
City:Chennai
Area:Periamet
Asset Category:Residential
This is a SARFAESI Auction for a Land and Building property located in Periamet, Chennai, owned by Mr. KS Sundar, formerly known as M/s. Sundar Steel Traders. The property is situated at Door No.75 (formerly No.33), Gengu Reddy Road, Egmore, Chennai-600 008, with an extent of 3191 Sq.ft. The auction is conducted by the Bank of India, CHENNAI ASSET RECOVERY BRANCH, with BAANKNET as the service provider. The reserve price is INR 43,000,000 and the EMD is INR 4,300,000. The auction starts on July 25, 2025, at 11:00 AM and ends on July 25, 2025, at 5:00 PM. The application submission deadline is July 24, 2025, at 5:00 PM.
Borrower Name:M/s. Sundar Steel Traders
Auction Type:SARFAESI Auction
Contact no:66777456, 465,557