CommercialUpcoming auctionVerified listing
Commercial in Chennai
Chennai
Reserve price
₹22.90 Cr
Auction date
09 Mar 2026
10:30 AM
EMD deadline
09 Mar 2026
10:30 AM
Bid increment
₹10,00,000.00
Location details
Property Address
No 10 ,Kuppusamy Street, T Nagar, Chennai-600017
City: Chennai
District: Chennai
State: Tamil Nadu
Pin Code: 600017
Country: India
Auction timeline
Auction starts
09 Mar 2026 at 10:30 AM
Auction ends
09 Mar 2026 at 12:30 PM
EMD submission deadline
09 Mar 2026 at 10:30 AM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Commercial
Sub Type
Office
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹22.90 Cr
Property Identifiers
Bank Property ID
IOBASATHYA01
Property Images
Borrower & Loan details
Borrower Name
SATYANARAYANA D SAMBASIVA DV SHANKAR KUMAR
Registered Address of Borrower
No 22,New No-12, East Road, West CIT Nagar, Chennai-600035
Owner
Property Owned by Late. D Chenchaiah (now represented by his legal heirs), Mr. DV Subramaniyam, Mr. D Sathyanarayana, Mr. D Sambasiva & Mr. DV Shankar Kumar
Ownership of Property
Guarantor Cum Mortgagor
Co-Borrower(s)
D SAMBASIVA,DV SHANKAR KUMAR,DV SUBRAMANYAM
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
38960961
Demand Notice
Notice Date
03 Apr 2018
Possession Dates
Symbolic
31 Jan 2026
Additional details
Description
All that piece and parcel of total area 10244 sqft, bearing Plot No 117, previous old door No8, then door No 10, now new door Nos 12/1-7 situated at Kuppuswamy street, T Nagar, Chennai-17, comprised in TS No 7169 in Block No 117 of Thyagaraya Nagar village Mambalam Guindy taluk within the limit of Chennai corporation and situated within the registration district of Chennai south and sub registration district of T Nagar and standing in the name of Late. D Chenchaiah (now represented by his legal heirs), Mr. DV Subramaniyam, Mr. D Sathyanarayana, Mr. D Sambasiva & Mr. DV Shankar Kumar.
North: Land in TS Nos 7168/1 & 7168/2
South: Land in TS No 7170/7 & 7171/1
East: Kuppuswamy street
West: Land in TS No 7172/1
EMD Schedule
EMD Start
03 Feb 2026
12:20 PM
EMD Deadline
09 Mar 2026
10:30 AM
Payment Deadline
09 Mar 2026
Officer Details
Authorized Officer
Vinuraj M P
Chief Manager
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹10,00,000.00
Extension Increment
₹10,00,000.00
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
IOBASATHYA01
Property Images
Indian Overseas Bank
Verified seller
Branch: ASSET RECOVERY MANAGEMENT BR.,CHENNAI-1535
IFSC: IOBA
Bank contact
+91 89259 51535
Branch Address
GROUND FLOOR, MAIN BUILDING, CENTRAL OFFICE, 763, ANNA SALAI, CHENNAI: 600 002Branch IFSC
IOBA0000109Department
ASSET RECOVERY MANAGEMENT BR.,CHENNAI-1535