Property for Auction in Poonamallee, Chennai, Tamil Nadu
Auction ID:563473
Bank Name:Indian Overseas Bank
Branch Name:arumbakkam branch
Reserve Price:₹45,00,000
EMD:₹4,50,000
Service Provider:BAANKNET
Submission Date:25-08-2025 02:50 PM
Bid Start Date:25-08-2025 11:00 AM
A prime residential plot located in Poonamallee, Chennai, Tamil Nadu. This property offers excellent potential for development or personal use. Situated in a well-connected area, it benefits from the developing infrastructure of Chennai. The plot is offered through a SARFAESI auction by Indian Overseas Bank. It represents a significant investment opportunity in one of South India's major metropolitan cities. Enquire for further details regarding dimensions and specific location advantages.
State:Tamil Nadu
City:Chennai
Area:Poonamallee
Asset Category:Residential
Indian Overseas Bank presents a SARFAESI auction for a residential plot in Poonamallee, Chennai, Tamil Nadu. This is a valuable opportunity for investors and individuals seeking property in a growing area. The auction starts on August 25, 2025, at 11:00 AM and concludes at 03:00 PM on the same day. The reserve price is ₹45,00,000, with an Earnest Money Deposit (EMD) of ₹4,50,000 required to participate. The property is associated with the borrower M/s. Sangeetha Enterprises. Don't miss this chance to acquire a plot in a prime location.
Borrower Name:M/s. Sangeetha Enterprises
Auction Type:SARFAESI Auction
Contact Person: Mr.Siva Nagarjuna Kumar M, Mob: 70109 94488