Union Bank of India Auctions for Residential property in Chennai, Tamil Nadu

E524013
Chennai, Tamil Nadu
House
Chennai
All the piece and parcel of land with building bearing Plot No.262A, measuring an extents of 851 Sq. ft., land together with buildup area measuring an extent of 850 Sq. ft., in Ground Floor,850 Sq.ft., in First Floor and 600 Sq. ft., Cement Sheet in Second Floor totally extent of 2300 Sq.ft., Velan Nagar 2nd Street, Valasaravakkam , Chennai-600087, Comprised in Survey No.5/1 Part, 5/1 B, New Patta No 14354 as per Patta New Survey no 5/7, situated at No 101, Valasaravakkam Village, Maduravoyal Taluk, Chennai District bounded on the ; North by: Kailasam and Subramani plots, South by: 24 feet Road East by : Remaining plot owned by Mr. V Varadaran and others West by : Kailasam and Subramani plots , Measuring: East to West on the Northern side: 17 Feet East to West on the Southern side: 20 Feet South to North on the Eastern side: 46 Feet South to North on the western side :46 Feet Within the sub- registration district of Virugambakkam and Registration district of South Chennai
Reserved Price
₹ 83,00,000
Service Provider
baanknet
Auction Start Date
27-02-2026
Bank Name
Union Bank of India
Ownership Type
Freehold
Possession Type
Symbolic
Title Deed Type
Registered Sale Deed
Branch Name
ASSET RECOVERY BRANCH, CHENNAI-554740
Union Bank of India Auctions for Residential property in Chennai, Tamil Nadu image 1 of 4 in Chennai, Chennai | Union Bank of India auction property
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About Property

All the piece and parcel of land with building bearing Plot No.262A, measuring an extents of 851 Sq. ft., land together with buildup area measuring an extent of 850 Sq. ft., in Ground Floor,850 Sq.ft., in First Floor and 600 Sq. ft., Cement Sheet in Second Floor totally extent of 2300 Sq.ft., Velan Nagar 2nd Street, Valasaravakkam , Chennai-600087, Comprised in Survey No.5/1 Part, 5/1 B, New Patta No 14354 as per Patta New Survey no 5/7, situated at No 101, Valasaravakkam Village, Maduravoyal Taluk, Chennai District bounded on the ; North by: Kailasam and Subramani plots, South by: 24 feet Road East by : Remaining plot owned by Mr. V Varadaran and others West by : Kailasam and Subramani plots , Measuring: East to West on the Northern side: 17 Feet East to West on the Southern side: 20 Feet South to North on the Eastern side: 46 Feet South to North on the western side :46 Feet Within the sub- registration district of Virugambakkam and Registration district of South Chennai

Important Dates

Auction Start Date & Time
27-02-2026
6:30 am
Auction End Date & Time
27-02-2026
11:30 am
Property Inspection Date and Time
Not specified

Price Information

Reserve Price
₹ 83,00,000
EMD Amount
₹ 8,30,000
Increment Price
Not specified

Contact Information

Branch
ASSET RECOVERY BRANCH, CHENNAI-554740
Inspection Officer
-
Contact
Smitha K-Authorised Officer - Scale - IV - CM
Borrower Name
M/S MG Legend Steels and Trading

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