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IndustrialUpcoming auctionVerified listing

Industrial in Chennai

Chennai

Reserve price
₹1.20 Cr
Auction date
11 Mar 2026
10:00 AM
EMD deadline
11 Mar 2026
3:00 PM
Bid increment
₹10,000.00

Location details

Property Address
Shed No.177, at SIDCO Industrial Estate, S. Nos.912/3 part, 919 part, and 925 part, of Korattur Village, Ambattur Taluk, Thiruvallur District
City: Chennai
District: Chennai
State: Tamil Nadu
Pin Code: 600098
Country: India

Auction timeline

Auction starts
11 Mar 2026 at 10:00 AM
Auction ends
11 Mar 2026 at 4:00 PM
EMD submission deadline
11 Mar 2026 at 3:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Industrial
Sub Type
Industrial Shed
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.20 Cr
Property Identifiers
Bank Property ID
IDIB871152779

Property Images

Borrower & Loan details

Borrower Name
M/s. Venkateswara Industries
Registered Address of Borrower
Proprietor : Mr. S. Singaravelu, S/o Mr. T V Subbaiah, No.177, Tiny Sector, Korattur Sidco Industrial Estate, Chennai 600 098
Co-Borrower(s)
Mr. S. Singaravelu,Mr. S. Manikandan,Mrs. S. Sarasa
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
382917850
Possession Dates
Symbolic
13 Nov 2025

EMD Schedule

EMD Start
10 Feb 2026
1:57 PM
EMD Deadline
11 Mar 2026
3:00 PM
Payment Deadline
11 Mar 2026

Inspection Schedule

Inspection Start
04 Mar 2026
10:00 AM
Inspection End
05 Mar 2026
4:00 PM

Officer Details

Authorized Officer
V BALACHANDER
Authorised Officer - Scale - IV - CM
Dealing Officer
Ms Manjula - Authorized Offcier

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹10,000.00
Extension Increment
₹10,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
IDIB871152779
Indian Bank logo
Indian Bank
Verified seller
Branch: ASIAD COLONY - 1388
IFSC: IDIB

Bank contact

+91 44 2615 5013+91 94861 32762
Branch Address
1961, VIJAYA COMPLEX,ASIAD COLONY,ANNA NAGAR WEST EXTN,CHENNAI
Branch IFSC
IDIB000A098
Department
ASIAD COLONY - 1388