Plot for auction 5 Premises, Tiruvottiyur, Chennai by Indian Overseas Bank

This auction features a residential plot situated in Tiruvottiyur, Chennai, Tamil Nadu. The property was formerly mortgaged by Mr. K. Thirumalai Kumar to Indian Overseas Bank. Located in a well-established locality, this plot offers a great chance for investment or development in one of Chennai's growing regions. Prospective buyers are advised to conduct their own due diligence regarding the property's exact location, dimensions, and any existing encumbrances before participating in the auction.

Indian Overseas Bank presents a SARFAESI auction for a residential plot located in Tiruvottiyur, Chennai, Tamil Nadu. The auction will be held on September 4, 2025, from 11:00 AM to 3:00 PM. The reserve price for this property is ₹68,40,000, with an Earnest Money Deposit (EMD) of ₹6,84,000 required. This is a prime opportunity to acquire a plot in a developed area of Chennai.