Industrial Plot for Auction in Chennai – Indian Bank

Property Details

Property type

Industrial Plot (Industrial)

Possession

Physical Possession

Locality

—

City

Chennai

State

Tamil Nadu

Pincode

600044

Address

Chennai, Tamil Nadu, 600044 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

MADRAS GEORGE TOWN - 83

Auction type

SARFAESI Auction

Borrower

M/s. C**** I*****

Auction start

20 Nov 2026, 10:00 AM

Auction end

20 Nov 2026, 04:00 PM

EMD submission deadline

20 Nov 2026, 03:00 PM

Inspection

12 Nov 2026, 10:00 AM – 13 Nov 2026, 04:00 PM

Authorised officer

Mr Kanhaiya Jha - Authorized Officer

Officer contact

9444391025

E-auction portal

BAANKNET (Property ID IDIB7890688364)

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 12 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB7890688364)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 20 Nov 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.