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Commercial in Chennai

Chennai

Reserve price
₹4.28 Cr
Auction date
10 Mar 2026
11:30 AM
EMD deadline
20 Nov 2025
5:00 PM
Bid increment
₹1,00,000.00

Location details

Property Address
Old S.No.294 (pt), 295,326,327, R.S.No.1289/3 (pt),Patta S.No.1289/5,Block No.34,Plot No.2,Avadi Srinivasa Iyer Street,leading from Demellows Road,Vepery Village,Purasawalkam Taluk,Periamet(SRO), Chennai District - 600 112.
City: Chennai
District: Chennai
State: Tamil Nadu
Pin Code: 600112
Country: India

Auction timeline

Auction starts
10 Mar 2026 at 11:30 AM
Auction ends
10 Mar 2026 at 12:30 PM
EMD submission deadline
20 Nov 2025 at 5:00 PM

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

Property overview

Type
Commercial
Sub Type
Plot
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹4.79 Cr
Property Identifiers
Bank Property ID
CNRB41003955SHAREEFF
Collateral ID
CNRB41003955SHAREEFF

Property Images

Price history

4 previous auctions
₹4.8Cr21 Nov₹4.5Cr₹4.3CrNow 10.5% down
₹4,28,40,000.00
16 Feb 2026
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹4,53,60,000.00
21 Jan 2026
Commercial
Canara Bank logoCanara BankPossession: Symbolic
₹4,53,60,000.00
26 Dec 2025
Commercial
Canara Bank logoCanara BankPossession: Symbolic

Borrower & Loan details

Borrower Name
K H Shareeff
Registered Address of Borrower
S/o. Mr. Jafar Shareeff No. 17, 2nd Floor, Atkinson Road, T A Colony, Vepery, Chennai - 600007
Ownership of Property
Borrower
NPA Amount
₹2.20 Cr
NPA Date
30 Mar 2025
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
CNRB41003955SHAREEFF
Customer ID
41003955
Possession Dates
Symbolic
17 Jun 2025

Additional details

Description
All the piece and parcel of land and building bearing Door No.2, Avadi Srinivasa Iyer Street, Demellows Road, Vepery, Chennai-600007, Comprised in Old Survey No.s 295, 326, 327 & 294 Part, as per patta R.S.No. 1289/3 Part, 1289/5, Block No.34, Vepery Village, Puraswalkam Taluk land measuring an extent of 5400 Sq.ft Undivided share out of 24291Sq.ft, together with building thereon Bounded on the North by : 20 Feet Road, South by : Anaikar Abdul Shukoor Trust Property, East by : TamilNadu Haj Service Society Building West by : Anaikar Matriculation School & Play ground The above the Property within the Sub-Registration District of Periamet and Registration District of Chennai Central (Land Extent: 4887 Sq.Ft as per TSLR).

EMD Schedule

EMD Start
18 Feb 2026
6:38 PM
EMD Deadline
09 Mar 2026
5:00 PM
Payment Deadline
20 Nov 2025

Inspection Schedule

Inspection Start
03 Mar 2026
11:00 AM
Inspection End
03 Mar 2026
4:00 PM

Officer Details

Authorized Officer
N BABITHA VENUGOPAL
Authorised Officer - Scale - IV - CM
Dealing Officer
N BABITHA VENUGOPAL

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 5 minutes
Extension Duration
5 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
CNRB41003955SHAREEFF
Property ID
CNRB41003955SHAREEFF
Canara Bank logo
Canara Bank
Verified seller
Branch: SPECIALIZED ARM BRANCH, CHENNAI-II
IFSC: CNRB

Bank contact

+91 000 000000+91 97401 45622
Branch Address
#9 & 10, SIR THYAGARAJA ROAD, THYAGARAYANAGAR, Thygarayanagar H.O,CHENNAI
Branch IFSC
CNRB0007901
Department
SPECIALIZED ARM BRANCH, CHENNAI-II