BanksAuctions.com logo

anksAuctions.com

ResidentialPast auctionVerified listing

Residential in Virugambakkam

Virugambakkam, Chennai

Reserve price
₹44.50 L
Auction date
28 Jan 2026
12:00 PM
EMD deadline
14 Nov 2025
5:00 PM
Bid increment
₹50,000.00

Auction timeline

Auction starts
28 Jan 2026 at 12:00 PM
Auction ends
28 Jan 2026 at 5:00 PM
EMD submission deadline
14 Nov 2025 at 5:00 PM

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

Property overview

Type
Residential
Sub Type
Flat
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹49.00 L
Property Identifiers
Bank Property ID
UBINCHEARB9834

Location details

Property Address
3. Description of immovable secured assets to be Sold 1. Property belonging to 1. Mr.Sorna Pragash M S/O S Murugan 2. Mr.Murugan S/O Shanmugam Schedule A Undivided 2346 SQ FT.OF LAND from and out of the total extent of the land measuring an extent of 5589 sq.ft situated at Door no 27, Arcot Road, Virugambakkam,Chennai-600092 and comprises in SURVEY NO .219/6 PART , 219/7A, PART T. S. NO. 34, BLOCK NO 36 of Virugambakkam village , Mambalam Guindy Taluk, Chennai District and the total extent Of land measuring an extent of 5589 sq.ft (521 sq Mtrs) as per revenue records AND BEING BOUNDED ON THE: North BY : T.S.NO. 33 and common path way in T .S NO. 35 South By : T . NO. 42, property of Kamalakkan Mudaliar Vagaiyara East by : T.S.NO. 38, 40 & 41 West by :T.S. NO 42 property of Kamalakkan Mudaliar Vagaiyara And lying within the sub registration District of Virugambakkam and registration District of Chennai South. Schedule B 533 sq .ft UNDIVIDED SHARE OF LAND AND INTEREST from and out of the schedule-A mentioned property together with residential flat bearing no.A-6 in the 1ST Floor, having built up area of 913 sq.ft. You No. 2(a), 2(b),2(c) and 2(d) as legal heirs of the deceased borrower Mr. S. Murugan have inherited the business and securities of Late Mr. S. Murugan. Therefore, you as the legal heirs of Mr. S. Murugan is/ are liable to discharge the liabilities and- dues availed by Sri. S. Murugan.
Locality: Virugambakkam
City: Chennai
District: Chennai
State: Tamil Nadu
Pin Code: 600092
Country: India

Price history

2 previous auctions
₹49.0L14 Nov₹44.5LNow 9.2% down
₹44,50,000.00
11 Dec 2025
Residential
Union Bank of IndiaPossession: Physical
₹49,00,000.00
14 Nov 2025
Residential
Union Bank of IndiaPossession: Physical

Borrower & Loan details

Borrower Name
Mr. Sorna Pragash M
Registered Address of Borrower
" “Uthravathy Apartments”, Flat no A 6, First Floor Plot no A, Door NO 27 Off Arcot Road, Virugambakkam, Chennai-600092"
Owner
Sorna prakash
Ownership of Property
Borrower
NPA Date
29 Aug 2022
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
32209834
Demand Notice
Notice Date
30 Nov 2024

Additional details

Description
Schedule A Undivided 2346 SQ FT.OF LAND from and out of the total extent of the land measuring an extent of 5589 sq.ft situated at Door no 27, Arcot Road, Virugambakkam,Chennai-600092 and comprises in SURVEY NO .219/6 PART , 219/7A, PART T. S. NO. 34, BLOCK NO 36 of Virugambakkam village , Mambalam Guindy Taluk, Chennai District and the total extent Of land measuring an extent of 5589 sq.ft (521 sq Mtrs) as per revenue records AND BEING BOUNDED ON THE: North BY : T.S.NO. 33 and common path way in T .S NO. 35 South By : T . NO. 42, property of Kamalakkan Mudaliar Vagaiyara East by : T.S.NO. 38, 40 & 41 West by :T.S. NO 42 property of Kamalakkan Mudaliar Vagaiyara And lying within the sub registration District of Virugambakkam and registration District of Chennai South. Schedule B 533 sq .ft UNDIVIDED SHARE OF LAND AND INTEREST from and out of the schedule-A mentioned property together with residential flat bearing no.A-6 in the 1ST Floor, having built up area of 913 sq.ft.

EMD Schedule

EMD Start
21 Jan 2026
5:01 PM
EMD Deadline
28 Jan 2026
5:00 PM
Payment Deadline
14 Nov 2025

Officer Details

Authorized Officer
NAKKINA VEERA VENKATA RAMANA
Authorised Officer - Scale - IV - CM

Auction Rules

Type of Action
Under SARFAESI
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
UBINCHEARB9834
Union Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH, CHENNAI-554740
IFSC: UBIN

Bank contact

+91 99999 99999
Branch Address
NO. 139BROADWAYPO - BROADWAYCHENNAI, CHENNAI, TAMIL NADUPin Code - 600108
Branch IFSC
UBIN0554740
Department
ASSET RECOVERY BRANCH, CHENNAI-554740