Property for Auction in Ambattur Taluk, Tiruvallur, Tamil Nadu
Auction ID:550668
Bank Name:Indian Overseas Bank
Branch Name:REGIONAL OFFICE - CHENNAI
Reserve Price:₹59,85,000
EMD:₹5,98,500
Service Provider:BAANKNET
Submission Date:04-09-2025 10:00 AM
Bid Start Date:04-09-2025 11:00 AM
This is a residential plot situated in Ambattur Taluk, Tiruvallur district, Tamil Nadu. The property was formerly mortgaged to Indian Overseas Bank by Mr. K. Loganathan. It is being auctioned under the SARFAESI Act. The land offers a good location within the Tiruvallur area, suitable for residential development. Potential buyers are advised to conduct their own due diligence regarding property specifics, zoning, and legal aspects before participating in the auction.
State:Tamil Nadu
City:Tiruvallur
Area:Ambattur Taluk
Asset Category:Residential
Indian Overseas Bank presents a SARFAESI auction for a residential plot located in Ambattur Taluk, Tiruvallur, Tamil Nadu. The auction will be held on September 4, 2025, from 11:00 AM to 3:00 PM. The reserve price is ₹59,85,000, with an Earnest Money Deposit (EMD) of ₹5,98,500 required. This is a prime opportunity to acquire a property through a bank auction. For further details, please contact the bank.
Borrower Name:Mr.K.Loganathan
Auction Type:SARFAESI Auction
Contact Ph: 8925951711 & Email id: [email protected]