Property for Auction in Chetpet, Chennai, Tamil Nadu
Auction ID:441997
Bank Name:Indian Overseas Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹7,23,90,000
EMD:₹72,39,000
Service Provider:BAANKNET
Submission Date:20-02-2025 05:00 PM
Bid Start Date:24-02-2025 12:00 PM
The property is a Commercial Property with Land & Building, representing a 3/6th share of IDS land. The land measures 2 Grounds and 1441 sq.ft, totaling 6241 sq.ft. The built-up area is 5801 sq.ft, distributed as follows: Ground Floor (320 sq.ft), 1st Floor (1827 sq.ft), 2nd Floor (1827 sq.ft), and 3rd Floor (1827 sq.ft). It is located at No.48 (Eastern Front Portion), Harrington Road, Chetpet, Chennai-600 030, Tamil Nadu.
State:Tamil Nadu
City:Chennai
Area:Chetpet
Asset Category:Commercial
This is a SARFAESI Auction for a Commercial Property located in Chetpet, Chennai, put forth by Indian Overseas Bank. The property consists of land measuring 6241 sq.ft and a built-up area of 5801 sq.ft spread across four floors (Ground, 1st, 2nd, and 3rd). The auction is scheduled to take place on February 24, 2025, from 12:00 PM to 03:00 PM. The reserve price is ₹72,390,000 and the EMD is ₹7,239,000. The property is situated at No.48, Harrington Road, Chetpet, Chennai-600 030, and stands in the name of Mrs. Kamala Bai Bafna, one of the Guarantors. The borrower is M/s. Jain Granites & Projects India Limited. For inquiries, contact Rameshwar Soren at 88022 43377.
Borrower Name:M/s.Jain Granites & Projects India Limited
Auction Type:SARFAESI Auction
Contact No : Rameshwar Soren 88022 43377