Plot for auction 17 Rathiinamangalam Villa, Chengalpet, Chennai by Indian Overseas Bank

Property for Auction in Chengalpet, Chennai, Tamil Nadu

Property Type IconProperty Type:
Plot
Location IconLocation:
Chengalpet, Chennai
Auction Date IconAuction Date:
05-04-2025 11:00 AM

Auction Details

Auction ID:466282

Bank Name:Indian Overseas Bank

Branch Name:REGIONAL OFFICE - CHENNAI

Reserve Price:40,00,000

EMD:4,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:05-04-2025 10:00 AM

Bid Start Date:05-04-2025 11:00 AM

Property Description

Two residential plots, Plot No. 17 and Plot No. 16, are being auctioned by Indian Overseas Bank. Both plots are situated on Sri Bogar Street within Rathiinamangalam Village, Avatar City, Kandigai, Chengalpattu Taluk, Kancheepuram District, Chennai-600048, Tamil Nadu. These properties are registered under the name of Mr. Suresh Kumar Muthaiah. Property 1 (Plot No. 17) has boundaries: North by Plot No. 18 and Vacant Land, South by Plot No. 16 and Vacant Land, East by Plot No. 2 (Land and Building), and West by a 23 Feet Road (Sri Bogar Street). Property 2 (Plot No. 16) has boundaries: North by Plot No. 17 and Vacant Land, South by Plot No. 17 and Vacant Land, East by Plot No. 3 (Land and Building), and West by a 23 Feet Road (Sri Bogar Street). The property type is classified as 'Plot' and the asset category is 'Residential'.

State:Tamil Nadu

City:Chennai

Area:Chengalpet

Asset Category:Residential

Auction Description

This is a SARFAESI Auction conducted by Indian Overseas Bank for two residential plots located in Chengalpet, Chennai, Tamil Nadu. The plots are Plot No. 17 and Plot No. 16, both on Sri Bogar Street, Rathiinamangalam Village, Avatar City, Kandigai. These properties stand in the name of Mr. Suresh Kumar Muthaiah. The reserve price for the auction is INR 40,00,000.00 and the EMD is INR 4,00,000.00. The auction will be held on April 5, 2025, from 11:00 AM to 3:00 PM. The property is located in a region of Chennai (Chengalpet Taluk, Kancheepuram District).

Borrower Name:M/s Annai Mess

Auction Type:SARFAESI Auction

Contact Details

Contact: Mrs Poonam Gupta Mob: 63924 44038

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