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Residential Plot SARFAESI Auction Symbolic Possession

4,800 sq feet Residential Plot for Sale (Bank Auction) in Chennai – Union Bank

Chennai, Tamil Nadu · Auction ID #81932

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Residential Plot photo 1 Residential Plot photo 2 Residential Plot photo 3
Indicative Price ₹3,34,56,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area4,800 sq feet

Property Details

Property type
Residential Plot (Residential)
Possession
Symbolic Possession
Area
4,800 sq feet (≈ 4,800 sq ft)
Reserve price / sq ft
₹6,970
Locality
—
Pincode
600124
Address
Chennai, Tamil Nadu, 600124 View on map

Description (as per sale notice)

SCHEDULE-A All that piece and parcel of land and building situated at No. 92, Noombal Mathura, Pallikuppam Village, Saidapet Taluk, comprised in S.No. 111/2 part (Private Survey Block-3, Private Survey No. 77/C-1, 77/C-2) admeasuring 2400 Sq.ft., of land and thereabouts boundries on, North by: Public Road, South by: Vacant land owned by Y.Rajasekara Reddy, East by : Plot belonging to Durai Raj &G.K.Raj, West by : Plot belonging to Vijayanthi&E.Jayashree. Situated within the Registration District of South Madras and sub registration district of Kundrathur. SCHEDULE-B All that piece and parcel of land and building situated at No. 92, Noombal Mathura, Pallikuppam Village, Saidapet Taluk, comprised in S.No. 111/2 part (private Survey Block-3, Private Survey No. 77/C-1,77/C-2) admeasuring 2400 Sq.ft., of land and thereabouts bounded on, North by: Vacant land owned by Y.Rajasekara Reddy, South by: Public Road, East by : Plot belonging to Durai Raj &G.K.Raj, West by : Plot belonging to Vijayanthi&E.Jayashree. Situated within the Registration District of South Madras and sub registration district of Kundrathur

BAANKNET Property ID: UBINCHECHN6176B

Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
MADRAS-SOWCARPET-533246
Auction type
SARFAESI Auction
Borrower
COASTAL P***** P** L**
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹6,970 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,853 per sq ft, so this one is 2% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UBINCHECHN6176B)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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