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Commercial Godowns in Chennai, Tamil Nadu
Chennai, Tamil Nadu
This commercial property in Chennai, Tamil Nadu is up for auction by Indian Bank, at a reserve price of ₹25.23 Cr. The stated extent is 78,844 sq ft. An earnest-money deposit of ₹2.52 Cr is due by 10 Dec 2026, 4:00 pm IST. Bidding opens on 10 Dec 2026, 10:00 am IST on the official e-auction portal. The listing is republished from a statutory SARFAESI sale notice and refreshed daily; verify every detail against the notice before bidding.
Open the full listingSale notice (PDF)View on the official portal
Auction details
| Reserve price | ₹25.23 Cr |
|---|---|
| EMD amount | ₹2.52 Cr |
| Auction starts | 10 Dec 2026, 10:00 am IST |
| Auction ends | 10 Dec 2026, 4:00 pm IST |
| EMD deadline | 10 Dec 2026, 4:00 pm IST |
| Inspection | 16-11-2026 10:00 – 08-12-2026 16:00 |
| Bank | Indian Bank |
| Branch | M E P Z - 1174 |
| Property type | Commercial |
| Sub type | Godowns |
| Extent | 78,844 sq ft |
| PIN code | 600044 |
| Status | Upcoming |
| Bank property ID | IDIB7936299018 |
| Type of auction | Under SARFAESI |
| Possession | Symbolic |
| Borrower address | Mr. V Sampath - Managing Director, Kundrathur Road/Vazhuthalambedu Bridge, Vazhuthalambedu, Thirumudivakkam, Chennai - 600 132 |
| Authorised officer | Jayagopal S (Authorised Officer - Scale - IV - CM) |
| Inspection contact | AYUSH PANDYA,BM · 9444391050 |
| Bid increment | ₹25,000 |
| Auto-extension | Extends 10 min on a bid in the last 10 min |
| EMD window opens | 04 Nov 2026, 15:41 |
| Loan available | Yes |
| Parcels in this lot | 8 |
| Extent (sale notice) | 1 acres + 81 cents + 8,115 sq ft + 59 cents + 30 cents + 35 cents |
| Village | Thirumudivakkam |
| Taluka / tehsil | Sriperumbedur |
Legal description
All that piece and parcel of land measuring an extent of 1 Acre and 81 Cents together with industrial building measuring to an extant of 8115 Sq. ft. (as per plan) comprised in following Survey Nos and its extent. S. No.281/1 - 59 Cents, S. No.284/2 - 30 Cents, S. No.285/A1 - 35 Cents, S. No.285/A2 - 42 Cents, S. No.283/A - 15 Cents. In all measuring 1 Acre 81 Cents under Patta No.717, situated at No.80, New No.92, Thirumudivakkam Village, Sriperumbedur Taluk, Kanchipuram District within the Registration District of Chennai South and Sub Registration District of Padappai and Kundrathur Panchyat Union Limit.
More auctions in Chennai
See all bank auctions in Chennai, Tamil Nadu →This listing is republished from a statutory sale notice published by the lender on an official e-auction portal, and is refreshed daily. Verify every detail against the notice and the portal before you bid. BidBazaar is not the seller and is not a party to the auction.