Plot for auction 154 Indira Nagar, valasaravakkam, Chennai by Indian Bank

The property is a residential plot situated at Plot No. 154, Indira Nagar, now known as Madurai Meenakshi Nagar, Rajaji Avenue, Valasaravakkam, Chennai-600 087. It is located in Valasaravakkam Village, Maduravoyal Taluk, Chennai District, comprised in Sy No. 180/1A, 180/2A1A, Present Sy No. 180/36 bearing Patta No. 11948. The plot measures 40 feet (North to South, Eastern side), 40 feet (North to South, Western side), 60 feet (East to West, Northern side), and 59 feet (East to West, Southern side), totaling 2380 Sq. ft. It falls within the Sub Registration District of Virugambakkam and the Registration District of Chennai South. Additionally, it includes an undivided share of 403 Sq. ft. of land in the Schedule A property, along with a Residential flat of 950 Sq. ft. (Flat No. F2, First Floor of 'KB's PAVITHRAM') and one covered car parking space, including common amenities and areas. Prior encumbrance on the property is Nil.

Indian Bank is conducting a SARFAESI auction for a residential plot located in Valasaravakkam, Chennai, Tamil Nadu. The property, identified as Plot No. 154, Indira Nagar (now Madurai Meenakshi Nagar, Rajaji Avenue), measures 2380 Sq. ft. with an undivided share of 403 Sq. ft. The flat is 950 Sq. ft. with one covered car parking. The auction has a reserve price of INR 8,207,000 and an EMD of INR 821,000. The auction will be held on February 14, 2025, from 11:00 AM to 4:00 PM. The property is mortgaged by Mr. Anbu Murugan. The type of possession is symbolic.