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Auction/SO/2022/Jan/97

Reference ID of the Property

Reference Id Auction/SO/2022/Jan/97

Details of Property

Address Commercial Built Up Property - A Wing, 2nd Floor in KGN Towers built on Old Door No: 11, then in Door No: 25, now in New Door no: 31, situated at Ethiraj Salai, (Commander-in-Chief Road), Egmore, Chennai
City: 
State: 
Pin: 600105
Type of Property
Type of Property: 
Commercial
Description of Property
Description of Property (If Avaiable): 

Schedule B (Property conveyed to the borrower & Mortgaged to LIC Housing Finance Limited): All that piece and parcel of Undivided Share of land admeasuring 2422.48 Sq.ft (i.e. 2110.30 Sq.ft and 312.18 Sq.ft), Totalling 2422.48 Sq.ft out of 43306 Sq.ft from and out of Schedule A contained in Old R.S. No: 1632/4 (P) and New S. No: 1632/20 & 1632/21, together with constructed office space admeasuring 6520 Sq.ft  in the Second Floor, A Wing, along with 4 Car parkings and 1507 Sq.ft in the Second Floor, “A” Wing,  along with 1 Car parking Totalling to 8027 Sq.ft in the building known as KGN Towers, “A” Wing (Second floor) bearing Old Door no: 11 & 12, then in Door no: 25 &26, now in New Door no: 31 & 32, Now Door no: 62, situated at Egmore Village, Ethiraj Salai also called as Commander-in-Chief Road, Egmore, Chennai 600105, including the right to use common areas and open terrace of the “A” wing along with other co-owners of Schedule A mentioned properties with all amenities thereon., situated within the Registration District of Chennai and Sub-Registration District of Periamet .

OUT OF THE LARGER EXTENT AS PER

Schedule A: Item:1: All that piece and parcel of land admeasuring  8 Grounds 695 Sq.ft contained in Old R S No: 1632/4 (Part) and New S No: 1632/20 &  1632/21, bearing Old Door No: 11, then in Door No: 25, now in New Door no: 31, situated at Ethiraj Salai, (Commander-in-Chief Road), Egmore, Chennai 600105 and land being  bounded on the North by:  Commander – in Chief  Road, East By: Property owned by Sundaramoorthy Trust, South By: Property belonging to Delhi properties & Building Society Pvt Ltd contained in R.S No: 1632/13, West By: Property bearing Door No: 32, formerly belonging to Neelaveni Ammal and now belonging to Molchand Properties Ltd.

Item:2: All that piece and parcel of land admeasuring  9 Grounds 1811 Sq.ft contained in Old R S No: 1632/4 (Part) and New S No: 1632/20 &  1632/21, bearing Old Door No: 12, then in Door No: 26, now in New Door no: 32, situated at Ethiraj Salai, (Commander-in-Chief Road), Egmore, Chennai-600105 and the Land being bounded on the North by:  Commander – in Chief  Road, East By: Door no: 31, situated at Commander-in-Chief Road, South By: Property belonging to Delhi properties & Building Society Pvt Ltd contained in R.S No: 1632/13, West By: Property contained in Survey No: 1632/3

Item no: 1 & 2 totally admeasuring 18 grounds 106 Sq.ft or about 43,306 Sq.ft situated within the Registration District of Chennai and Sub-Registration District of Periamet and within the limits of Chennai Corporation

Area of Property BUA
Area of Property: BUA: 
8027
Carpet Area:
Property Photos
Property Photos: 

Auction Related Details

Reserve Price
Reserve Price: 
₹116000000
EMD Amount
EMD Amount: 
₹11600000
Cut-off date to deposit EMD Amount
Demand Notice
Demand Notice: 
Possession Notice
Possession Notice: 
Auction Notice
Auction Date and Cut of Timing
E-Auction Date and Cut of Timing: 
Wednesday, February 23, 2022 - 12:00
Cut of date to deposit 15% of consideration amount
Cut of date to deposit 15% of consideration amount: 
Wednesday, February 23, 2022
Date of Inspection of Property
Date of Inspection of Property: 
Wednesday, February 9, 2022 - 11:00
Date of Property Document
Date of Property Documents (Inspection): 
Wednesday, February 9, 2022
Contact Detail For Enquiry
Contact Number For Enquiry: 
+91-9884930449
Address for Auction
Address For Auction: 
e-Auction
Vender's Website https://bankauctions.in/auction/land-and-building-at-egmore-chennai/

(Note: Demand Draft to be made by interested applicants in the favor of “LIC Housing Finance Limited”)