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Residential in PANPET NANDANAM

PANPET NANDANAM, Chennai

Reserve price
₹82.00 L
Auction date
25 Mar 2026
11:00 AM
EMD deadline
23 Mar 2026
3:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
All that piece and parcel of the sanctioned land property bearing Old Door Number 49, New No. 5, 2nd Street, Panpet, Nandanam, Chennai - 600035 of Government Farm village, Mambalam - Guindy Taluk, Block No. 10. T.S. No. 17(Part) comprised in S.No. 18/22, as per Extract from Town Survey Land Register, New T.S.. 17/2 measuring 470 Sq. Ft.(western Portion) together with the building theron in the name of Divya Rajalakshmi
Locality: PANPET NANDANAM
City: Chennai
District: Chennai
State: Tamil Nadu
Pin Code: 600035
Country: India
Carpet Area: 470 sq ft
Facing: North
Unit of Measure: square feet

Auction timeline

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

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

Property overview

Type
Residential
Sub Type
Individual House
Area
470 sq ft
(Carpet)
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹82.00 L
Property Identifiers
Bank Property ID
PSIB0049

Property Images

Borrower & Loan details

Borrower Name
SUYAMBU SYSTEMS
Registered Address of Borrower
Prop. S.Suresh S/o Suyambu Nadar No.147 Velachery main road East Tambaram, Selaiyur Chennai 600073
Owner
Divya Rajalakshmi
Ownership of Property
Guarantor Cum Mortgagor
Co-Borrower(s)
S Suresh
Guarantor
Divya Rajalakshmi
NPA Amount
₹1.39 Cr
NPA Date
15 Sept 2020
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
011989461
Guarantor Address
W/o S. Suresh Old no.49 New no. 5 Panept 2nd street Nandanam Chennai 600035
Demand Notice
Notice Date
13 Aug 2025
Notice Amount
₹2.39 Cr
Asset Classification
Classification Date
15 Sept 2024
Classification ID
5
Possession Dates
Symbolic
04 Dec 2025

Additional details

Other Details
door no49
Description
All that piece and parcel of the sanctioned land property bearing Old Door Number 49, New No. 5, 2nd Street, Panpet, Nandanam, Chennai - 600035 of Government Farm village, Mambalam - Guindy Taluk, Block No. 10. T.S. No. 17(Part) comprised in S.No. 18/22, as per Extract from Town Survey Land Register, New T.S.. 17/2 measuring 470 Sq. Ft.(western Portion) together with the building theron in the name of Divya Rajalakshmi

EMD Schedule

EMD Start
07 Feb 2026
5:49 PM
EMD Deadline
23 Mar 2026
3:00 PM
Payment Deadline
23 Mar 2026

Inspection Schedule

Inspection Start
10 Mar 2026
11:00 AM
Inspection End
10 Mar 2026
3:00 PM

Officer Details

Authorized Officer
AJAY N
Authorised Officer - Scale - IV - CM
Dealing Officer
AJAY N

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
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
PSIB0049
Punjab & Sind Bank logo
Punjab & Sind Bank
Verified seller
Branch: ASSET RECOVERY BRANCH CHENNAI-C0765
IFSC: PSIB

Bank contact

+91 95001 62755+91 98952 49904
Branch Address
DEVA TOWER,770-A, 1ST FLOOR, ANNA SALAI, CHENNAI
Branch IFSC
PSIB0000575
Department
ASSET RECOVERY BRANCH CHENNAI-C0765