Shop for auction 1 Paruthipattu Villa, Poonamallee, Tiruvallur by Tamilnad Mercantile Bank

Property for Auction in Poonamallee taluk, Tiruvallur, Tamil Nadu

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Poonamallee taluk, Tiruvallur
Auction Date IconAuction Date:
03-03-2025 11:00 AM

Auction Details

Auction ID:440695

Bank Name:Tamilnad Mercantile Bank Limited

Branch Name:AVADI BRANCH

Reserve Price:2,67,00,000

EMD:26,70,000

Service Provider:Public Auction

Important Dates

Submission Date:02-03-2025 05:00 PM

Bid Start Date:03-03-2025 11:00 AM

Property Description

The property is a commercial building located in Poonamallee taluk, Tiruvallur district, Tamil Nadu. It comprises two parts: Part-A at No.25, Gowripet Road, Avadi, with land area of 1216 sq.ft and built-up area of 4864 sq.ft (GF-1216 sq.ft, FF-1216 sq.ft, SF-1216 sq.ft, TF-1216 sq.ft). Part-B at No.71, Nehru Bazaar Road, Avadi, with land area of 1171 sq.ft and built-up area of 4834 sq.ft (GF-1171 sq.ft, FF-1171 sq.ft, SF-1171 sq.ft, TF-1171 sq.ft, and FF (P) Toilet-150 sq.ft). Both parts are in Gramanatham S.No.53 and are in the name of Mr.S.M.Hasan Ibrahim. Boundaries for Part-A are: North by Balasubramania Chettiar Property, South by Dhanasekar Naicker Property, East by Gowripet Road, West by Nandagopal Property. Boundaries for Part-B are: North by Old Kallukadai Street, South by Nehru Bazaar Road, East by Munusamy & Adhi Kesavan Property, West by Appasarny, Elumali & Kanniappan Property.

State:Tamil Nadu

City:Tiruvallur

Area:Poonamallee taluk

Asset Category:Commercial

Auction Description

Tamilnad Mercantile Bank Limited is conducting a SARFAESI auction for a commercial property in Poonamallee taluk, Tiruvallur, Tamil Nadu. The auction will take place on March 3, 2025, from 11:00 AM to 1:00 PM. The reserve price is ₹2,67,00,000 and the EMD is ₹2,67,000. The property consists of two parts: Part-A is located at No.25, Gowripet Road, Avadi, with land extent of 1216 sq.ft and a building of 4864 sq.ft. Part-B is located at No.71, Nehru Bazaar Road, Avadi, with land extent of 1171 sq.ft and a building of 4834 sq.ft. The property is in the name of Mr.S.M.Hasan Ibrahim. For inquiries, contact 96594 10888/99766 34444.

Borrower Name:Mr.S.M.Ansar Alikhan

Auction Type:SARFAESI Auction

Contact Details

Contact (Cell: 96594 10888/99766 34444)

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