Land for auction Plot Nos Sakthivel Nagar Madhavaram Chennai by Indian Bank

The property consists of vacant land parcels and a residential apartment. Schedule A details vacant land bearing Plot Nos. 1, 2 & 3, "Sakthivel Nagar", 16th Street, Survey No.354/1A (New Survey No.354/1A2) in Puzhal village, Madhavaram Taluk, Chennai, measuring 6074 1/2 Sq. feet (Patta measurement 5918 Sq. feet). Schedule B describes vacant land bearing Plot No.B, "Sakthivel Nagar", 16th Street, Survey No.354/1A (New Survey No.354/1A2) in Puzhal village, Madhavaram Taluk, Chennai, measuring 2954 Sq. feet. Schedule C represents a 500 Sq. feet undivided share of land out of the 2954 Sq. feet in Schedule B property. Schedule D is a residential apartment of 1100 Sq. feet built-up area (including land and proportionate common area share), identified as Flat No.G2 on the Ground Floor, in the building named "SSC-SUPREME", constructed on the land described in Schedule B. The property is located in Madhavaram, Chennai, Tamil Nadu.

This is a SARFAESI auction conducted by Indian Bank for a residential property comprising land and a building in Madhavaram, Chennai. The property includes vacant land parcels described in Schedule A and Schedule B, with an undivided share of land in Schedule B property (Schedule C), and a residential apartment (Flat No.G2, Ground Floor) in the building known as "SSC-SUPREME" (Schedule D). The total extent of land involved is 6074 1/2 Sq. feet in Schedule A and 2954 Sq. feet in Schedule B. The property has a reserve price of INR 4,307,000.00 and an Earnest Money Deposit (EMD) of INR 431,000.00. The auction is being conducted by BAANKNET, and the property is located in Puzhal village, Madhavaram Taluk, Tiruvallur District, within the Corporation of Chennai limits. The borrower is M/s. Meat & Egg Agro Farming. The property is available for physical possession. The auction will take place on July 23, 2025, from 11:00 AM to 04:00 PM.