This auction has closed

Ended 31 Aug 2024, 12:58 PM. The details below are kept for reference. See upcoming bank auctions instead.

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Commercial Property for E-Auction in Chennai

Commercial Property for E-Auction in Chennai

Chennai, Tamil Nadu

Property ID: EA11257

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Auction closed Ended 31 Aug 2024, 12:58 PM

Reserve price

₹55 Cr

₹55,00,00,000

Auctioned by

IDBI Bank

Auction date: 31 Aug 2024
Auction time: 12:58 PM
EMD amount: ₹5,50,00,000
Min. increment: ₹10,00,000

Auction timeline

EMD submission deadline

30 Aug 2024, 12:58 PM
Auction starts

31 Aug 2024, 12:58 PM
Auction ends

31 Aug 2024, 12:58 PM

Auction details

Reserve price

₹55,00,00,000

EMD amount

₹5,50,00,000

Minimum bid increment

₹10,00,000

Property type

Commercial Property

Account name

Smt. P. Usha

Terms & inspection

Inspection: For Inspection : August 22nd, 2024 at 11:00am - August 22nd, 2024 at 12:30pm
Time extension: If bid is placed in the last 5 minutes of auction, The auction end time will increase by 5 minutes.
Property details: Land and buidling measuring an extent of 13 Grounds and 154 Sq.ft.,

Description

SCHEDULE A All that piece and parcel of land comprised in R.S.Nos.31/8 Part and 27/10 Part, Nungambakkam Village, Nungambakkam Egmore Taluk, Property bearing Old No.785, New No.192, Anna Salai, Chennai 600 002, measuring an extent of 13 Grounds and 154 Sq.ft., Thirteen Grounds and One Hundred & Fifty Four Square Feet Only and is bounded as follows North By : Coovum River and R.S.No.31/3 & 27/2; South By Land & Building in R.S.No.27/10 Part West By Land & Building presently occupied by Ananda Vikatan & East By : R.S.No.27/8

SCHEDULE B: All that Part & Parcel of building constructed on the Schedule A Property comprising of a Main Building Ground Floor, First Floor & Second Floor RCC Structure: 32,854 Sq.ft, b Other R.C.C Structure 4,610 Sq.ft &, c Area covered with A.C Sheet: 5,958 Sq.ft Property is situated within the Registration District of Chennai Central and Sub Registration District of Thousand light. Asset owned and mortgaged by Smt. P Usha.

Location

Chennai, Tamil Nadu

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Authorised officer

From the bank’s auction notice.

₹31.25 Cr

Chennai

Auction 16 Jul 2024 · IDBI Bank