Land for auction PROPERTY: Mandavelipakkam, Chennai by BOI

A Land and Building property located in the desirable Mandavelipakkam area of Chennai, Tamil Nadu. This residential asset is part of a SARFAESI auction initiated by the Bank of India. The property offers significant potential for development or personal use in a well-established neighborhood. Detailed inspection and legal verification are advised for interested parties. The property is being auctioned as part of the recovery proceedings against M/s. Evershine Trading Corporation.

Bank of India is conducting a SARFAESI auction for a Land and Building property in Mandavelipakkam, Chennai, Tamil Nadu. The auction is for the asset of M/s. Evershine Trading Corporation. The reserve price is ₹2,00,00,000, with an Earnest Money Deposit (EMD) of ₹20,00,000. This is a unique opportunity to acquire a residential property in a prime location. The auction will take place on August 8, 2025, from 11:00 AM to 5:00 PM.