Plot for auction 60 Ramachandra Nagar, Pammal, Chennai by Indian Overseas Bank

The property is a vacant house site, Plot No. 60, measuring 2578 sq.ft, in the Ramachandra Nagar layout approved by CMDA. It is situated in Gerugambakkam Village, Chennai South Registration District. The plot is bounded by Plot No. 65 to the North, Plot No. 59 and a 16 feet road to the South, Plot No. 61 to the East, and vacant land (now a 30 feet road) to the West. The dimensions are: North side 41 feet, South side 41 feet + 8 feet Splay, East side 50 feet + 8 feet Splay, and West side 58 feet. Schedule-B includes an undivided share of 439 sq.ft along with Flat No. S1 on the Second Floor, with a built-up area of 870 sq.ft and reserved covered car parking. The owner of the property is Mr. Vasanth, S/o. Mr. Subramaniyam.

This is a SARFAESI Auction for a residential plot of land located in Pammal, Chennai, Tamil Nadu. The property is identified as Plot No. 60, measuring 2578 sq.ft, in the approved layout Ramachandra Nagar by CMDA. The auction is being conducted by Indian Overseas Bank. The reserve price is 36,00,000 and the EMD is 3,60,000. The auction will take place on July 29, 2025, from 11:00 AM to 03:00 PM.