Property for Auction in Madhavaram, Chennai, Tamil Nadu
Auction ID:444220
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹14,25,00,000
EMD:₹1,42,50,000
Service Provider:BAANKNET
Submission Date:21-02-2025 05:00 PM
Bid Start Date:24-02-2025 11:00 AM
The property consists of approximately 1.569 acres of land in Thandalkani village, Madhavaram Taluk, Thiruvallur District, within the Registration District of Chennai North and Sub Registration District of Redhills. Item C-1 includes 0.975 acres with a rice mill, machines, and EB connections, located at New Door No. 478 & 479 (Old Door No.2/87), New Survey No 31/3, 31/28, 23A/5A1, 24/4. Item C-2 includes 0.6015 acres with a cement sheet building, modern rice mill machineries, and EB connections, located at Survey NO.31/181C1 and Survey No.31/7, 31/2A, 31/1B2A, 31/1B2B, 24/2B. The property is for sale under SARFAESI Act by the State Bank of India.
State:Tamil Nadu
City:Chennai
Area:Madhavaram
Asset Category:Residential
This is a SARFAESI auction conducted by the State Bank of India for a significant land parcel located in Madhavaram, Chennai. The property, with a reserve price of INR 14,25,00,000.00 and an EMD of INR 1,42,50,000.00, comprises approximately 1.569 acres of land. It features a modern rice mill with machinery and EB connections. The land is situated in Thandalkani village, Madhavaram Taluk, Thiruvallur District, Registration District of Chennai North. The auction will take place on February 24, 2025, from 11:00 AM to 4:00 PM. The application submission deadline is February 21, 2025, by 5:00 PM. For inquiries, Mrs. B Sindu can be contacted at 8838338084.
Borrower Name:M/s. Star Trace Private Limited
Auction Type:SARFAESI Auction
Contact: Authorised Official's Details: Name: Mrs. B Sindu Ph: 8838338084