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Commercial in Chennai

Chennai

Reserve price
₹1.70 Cr
Auction date
16 Mar 2026
10:00 AM
EMD deadline
24 Nov 2025
4:00 PM
Bid increment
₹50,000.00

Location details

Property Address
Door No.3/55, Bajanai Koil Street, Ponmar Village, Vandalur Taluk, Chengalpet District.
City: Chennai
District: Chennai
State: Tamil Nadu
Pin Code: 600048
Country: India

Auction timeline

Auction starts
16 Mar 2026 at 10:00 AM
Auction ends
16 Mar 2026 at 4:00 PM
EMD submission deadline
24 Nov 2025 at 4:00 PM

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

Property overview

Type
Commercial
Sub Type
Office
Possession Status
Symbolic
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.07 Cr
Property Identifiers
Bank Property ID
IDIB7005079770

Property Images

Price history

7 previous auctions
₹2.1Cr13 Nov₹2.1Cr₹1.9Cr₹1.7Cr₹1.7CrNow 17.9% down
₹1,70,00,000.00
18 Feb 2026
Commercial
Indian Bank logoIndian BankPossession: Symbolic
₹1,87,00,000.00
21 Jan 2026
Commercial
Indian Bank logoIndian BankPossession: Symbolic
₹1,87,00,000.00
18 Dec 2025
Commercial
Indian Bank logoIndian BankPossession: Symbolic

Borrower & Loan details

Borrower Name
M/s. Metro General Trading
Registered Address of Borrower
108/176, Canal Bank Road, Adyar, Chennai - 600 020.
Co-Borrower(s)
Mrs. Indu Bhuvanesh,Mr. Arif Sheriff,Mr. D Gopinath,Mr. Sathish Kumar
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
30403034950
Possession Dates
Symbolic
04 Jul 2024

EMD Schedule

EMD Start
24 Feb 2026
12:07 PM
EMD Deadline
16 Mar 2026
4:00 PM
Payment Deadline
24 Nov 2025

Inspection Schedule

Inspection Start
12 Mar 2026
10:00 AM
Inspection End
13 Mar 2026
4:00 PM

Officer Details

Authorized Officer
Dhivya Rajendran
Authorised Officer - Scale - IV - CM
Dealing Officer
NARENDRA PRASAD GUPTA,AO

Auction Rules

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
Property ID
IDIB7005079770
Indian Bank logo
Indian Bank
Verified seller
Branch: ADYAR - 79
IFSC: IDIB

Bank contact

+91 94443 91039+91 94443 91039
Branch Address
91 FIRST MAIN ROAD, GANDHI NAGAR, ADYAR
Branch IFSC
IDIB000A002
Department
ADYAR - 79