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Immovable/Residential Flat/Chennai

Event Details
Event Type :
SARFAESI
Event No. :
243705
NIT Ref. No. :
IndusInd Bank Vs M/S. Sowcar Electricals Pvt Ltds
Tender / Event Title :
IndusInd Bank Vs M/S. Sowcar Electricals Pvt Ltds
Event Bank/Organisation Name :
IndusInd Bank
Event Branch :
IndusInd Bank, Cathedral Road, Chennai - BO
Property Details
Property Category :
Immovable
Property Sub Category :
Residential Flat
Property Description :
All that piece and parcel of Residential Flat, bearing Flat No.F2 on the First Floor, Block No.A, of the building known as "Tiara Apartments" plot Nos. 1C, 2C, 3C & 4C, Old No. 176, New No.39, Devendran Nagar, Vengaivasal, Medavakkam, Chennai- 600 100, measuring 825 Sq.ft., of Build up area with R.C.C. terraced building including common area and reserved covered car parking, together with 451 Sq.ft., of undivided share of Land out of total extent 10535 Sq.ft., (plot No. 1C, measuring 2580 Sq.ft., plot No.2C, measuring 2580 Sq.ft., plot No.3C, measuring 2580 Sq.ft., and plot No.4C, measuring 2795 Sq.ft.,), comprised in survey no.34/24B, Patta No. 1342, situated at Vengaivasal Village, Formerly Tambaram Taluk, Now Sholinganalur Taluk, Kancheepuram District, Bounded on North by : plot no.5D South by : Vacant Land East by : Vacant Land West by : 20 Feet Road Situate within the Sub Registration District of Selaiyur and Registration District of Chennai South.
Borrower's Name :
M/S. Sowcar Electricals Pvt Ltds
Auction Details
Reserve Price :
43,72,500.00
Tender Fee :
0.00
Price Bid :
applicable
Bid Increment value :
50,000.00
Auto Extension time :
5 (In Minutes)
No. of Auto Extension :
Unlimited Extension
DSC Required :
No
EMD Details
EMD Amount :
4,37,250.00
EMD Deposit Bank Name :
IndusInd Bank
EMD Deposit Bank Account Number :
DD
EMD Deposit Bank IFSC Code :
DD
Important Dates
Press Release Date :
16 Oct 2026 00:00
Date of Inspection of Property (From) :
09 Nov 2026 11:00
Date of Inspection of Property (To) :
09 Nov 2026 12:00
Offer (First Round Quote) Submission Last Date :
15 Nov 2026 16:00
Offer (First Round Quote) Opening Date :
15 Nov 2026 16:05
Auction Start Date and Time :
16 Nov 2026 11:00
Auction End Date and Time :
16 Nov 2026 12:00
Auction Related Documents
View NIT Documents :
Documents to be Submitted :
Pan Card,Annexure 3/Declaration Form,Annexure 2/Details of Bidder,Proof Of Address
Tender Documents :
Annexure 2/Details of Bidders :
Annexure 3/Declaration by Bidders :