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Residential in Chennai

Chennai, Chennai

Reserve price
₹1.24 Cr
Auction date
16 Mar 2026
10:00 AM
EMD deadline
30 Oct 2025
1:00 PM
Bid increment
₹50,000.00

Location details

Property Address
Villa No. 7, "SEA SHELL ENCLAVE", Royal Beach Enclave, Kanathur Reddy Kuppam, Chennai - 600 112
Locality: Chennai
City: Chennai
District: Chennai
State: Tamil Nadu
Pin Code: 600112
Country: India
Carpet Area: 1587 sq ft
Built-up Area: 1610 sq ft
Price per Sq Ft: 2,500
Project Name: SEA SHELL ENCLAVE
Facing: East
Rooms: 3
Age of Construction: 7 years
Water: AVAILAVLE
Unit of Measure: square feet

Auction timeline

Auction starts
16 Mar 2026 at 10:00 AM
Auction ends
16 Mar 2026 at 4:00 PM
EMD submission deadline
30 Oct 2025 at 1:00 PM

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

Property overview

Type
Residential
Sub Type
Villa
Area
1587 sq ft
(Carpet)
Built-up Area
1610 sq ft
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Price per Sq Ft
2,500
Property Price
₹1.44 Cr
Property Identifiers
Bank Property ID
SBIN400025363672SR
CERSAI ID
400025363672
Collateral ID
77781163952

Property Images

Price history

1 previous auctions
₹1.4Cr30 Oct₹1.2CrNow 13.9% down
₹1,44,00,000.00
30 Oct 2025
Residential
State Bank of India logoState Bank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
SIVAKUMAR RAMASAMY
Registered Address of Borrower
Villa No. 7, "SEA SHELL ENCLAVE", Royal Beach Enclave, Kanathur Reddy Kuppam, Chennai - 600 112
Owner
Sivakumar Ramasamy
Ownership of Property
Borrower
NPA Amount
₹1.95 Cr
NPA Date
14 May 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
77781163952
Customer ID
90211205294
Demand Notice
Notice Date
16 May 2022
Notice Amount
₹2.04 Cr
Asset Classification
Classification Date
14 May 2022
Classification ID
1
Possession Dates
Physical
26 Jul 2024

Additional details

Property USP
Located in well developed area.
Other Details
BUA as per document is 2425 sq. ft. and as per sit is 1610 sq. ft.
Description
Located at well developed area.

EMD Schedule

EMD Start
25 Feb 2026
4:57 PM
EMD Deadline
16 Mar 2026
1:00 PM
Payment Deadline
30 Oct 2025

Inspection Schedule

Inspection Start
06 Mar 2026
11:00 AM
Inspection End
06 Mar 2026
2:00 PM

Officer Details

Authorized Officer
S R L SWAMY JIDAGAM
CHIEF MANAGER
Dealing Officer
SIVAKUMAR R G, DEPUTY MANAGER

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
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
Collateral ID
77781163952
CERSAI ID
400025363672
Property ID
SBIN400025363672SR
State Bank of India logo
State Bank of India
Verified seller
Branch: SARB I CHENNAI-05170
IFSC: SBIN

Bank contact

+91 87070 47095+91 70109 16658
Branch Address
32 RED CROSS ROAD,RED CROSS BUILDING EGMORE, CHENNAI TAMIL NADU
Branch IFSC
SBIN0001516
Department
SARB I CHENNAI-05170