Land for auction KANNIVAKKAM VILLA, Kannivakkam, Kanchipuram by Indian Bank

A residential land parcel of 36624 Sq. ft. (84 Cents) located in Kannivakkam Village, Perumattunallur Panchayat, Kanchipuram District, Tamil Nadu. The property is situated at Old S. No. 165/2 (P) and New S. No. 183/16 & 17, within the Registration District of Chengalpet and Sub-Registration District of Thiruporur. The property was mortgaged and is being auctioned by Indian Bank.

Indian Bank is conducting a SARFAESI auction for a mortgaged asset in Kannivakkam, Kanchipuram, Tamil Nadu. The property is a piece of land measuring 36624 Sq. ft. (84 Cents) situated at Old S. No. 165/2 (P), New S. No. 183/16 & 17, Kannivakkam Village, Perumattunallur Panchayat, Kanchipuram District, Pin-603 202. The land is registered under Sale Deed No.9221 of 2007 dated 19.09.2007 and has no encumbrances. The borrower is M/s. Nafisa Overseas. The auction has a reserve price of 11,500,000.00 and an Earnest Money Deposit (EMD) of 1,150,000.00. The auction will be conducted by BAANKNET and will take place on 05-08-2025 from 11:00 AM to 04:00 PM. Applications for the auction must be submitted by 04-08-2025 05:00 PM. For inquiries, contact Indian Bank's Stressed Assets Management Branch at 044-2821 6711 or [email protected].