Land for auction A - Suresh Nagar, Valarsavakkam, Chennai by Indian Overseas Bank

Property for Auction in Valarsavakkam, Chennai, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Valarsavakkam, Chennai
Auction Date IconAuction Date:
24-02-2025 11:00 AM

Auction Details

Auction ID:444626

Bank Name:Indian Overseas Bank

Branch Name:Chennai

Reserve Price:32,00,000

EMD:3,20,000

Service Provider:BAANKNET

Important Dates

Submission Date:24-02-2025 10:00 AM

Bid Start Date:24-02-2025 11:00 AM

Property Description

The property consists of a land parcel bearing subdivision Plot No. 34-A, located in Suresh Nagar, Third Street, Valarsavakkam, Chennai 600087. The land measures 1208 sqft and is comprised in S No- 147/3 (as per patta S no. 147/28) within Valasaravakkam village, Ambattur Taluka, Thiruvallur District. The boundaries are Plot/Building No. 34 B to the North, Open Space to the South, Open Space/Fisheries factory to the East, and a 20 feet Road (3rd Street) to the West. Additionally, it includes Flat No. S-2 on the Second Floor, measuring 750 sqft (including common area) with 302 sqft of UDS from the Schedule-A property, along with covered car parking, fixtures, and fittings.

State:Tamil Nadu

City:Chennai

Area:Valarsavakkam

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a residential property in Valarsavakkam, Chennai, presented by Indian Overseas Bank. The property includes a parcel of land measuring 1208 sqft in Suresh Nagar, Valarsavakkam, Chennai 600087, comprised in S No- 147/3 (as per patta S no. 147/28). It is bounded by Plot/Building No. 34 B to the North, Open Space to the South, Open Space/Fisheries factory to the East, and a 20 feet Road (3rd Street) to the West. Additionally, the auction includes Flat No. S-2 on the Second Floor, measuring 750 sqft (inclusive of common area), with 302 sqft of undivided share (UDS) from the land mentioned in Schedule-A. The property also comes with covered car parking, fixtures, fittings, TNEB electric connection, and deposit. The reserve price is INR 3,200,000.00, with an EMD of INR 320,000.00. The auction is managed by BAANKNET and will take place on 24-02-2025 from 11:00 AM to 03:00 PM. Application submission is by 10:00 AM on the same day. For inquiries, contact Mr. Hemant Kumar at 9998664406.

Borrower Name:Mr.S.Padmanabhan

Auction Type:SARFAESI Auction

Contact Details

Contact: Mr Hemant Kumar Mob: 99986 64406

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