⭐ Premium Commercial Auction
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78843.6 square feet Godowns for sale in Chennai

📍 Chennai, CHENGALPATTU, Tamil Nadu
Auction ID : 127668
Possession Status

Symbolic

Type of Auction

Commercial

District

Chennai

Inspection Date

16 Nov 2026

Auction Start

10 Dec 2026, 10:00 am

Auction End

10 Dec 2026, 04:00 pm

Upcoming
Starts in 31d 15h
₹25.23 Cr
₹25,23,00,000
Reserve price for this premium commercial auction.
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Commercial Details

— All that piece and parcel of land measuring an extent of 1 Acre and 81 Cents together with industrial building measuring to an extant of 8115 Sq. ft. (as per plan) comprised in following Survey Nos and its extent. S. No.281/1 - 59 Cents, S. No.284/2 - 30 Cents, S. No.285/A1 - 35 Cents, S. No.285/A2 - 42 Cents, S. No.283/A - 15 Cents. In all measuring 1 Acre 81 Cents under Patta No.717, situated at No.80, New No.92, Thirumudivakkam Village, Sriperumbedur Taluk, Kanchipuram District within the Registration District of Chennai South and Sub Registration District of Padappai and Kundrathur Panchyat Union Limit.
Bank Name
Indian Bank
Borrower's Name
M/s Five Star Microbase Coating India Pvt. Ltd., (Borrower), Represented by Mr. V Sampath - Managing Director,
Lot Number
IDIB7936299018
Asset Sub-type
Godowns
City / District
Chennai
State
Tamil Nadu
Pincode
600044
Reserve Price
₹25,23,00,000
EMD Amount
₹2,52,30,000
EMD Date
10 Dec 2026, 04:00 pm
Bid Increment
₹25,000
Inspection Period
16 Nov 2026 to 08 Dec 2026
Legal Basis
Under SARFAESI
Borrower's Address
Mr. V Sampath - Managing Director, Kundrathur Road/Vazhuthalambedu Bridge, Vazhuthalambedu, Thirumudivakkam, Chennai - 600 132
Auction Branch
M E P Z - 1174
Borrower Customer ID
190844069
EMD Submission Opens
04 Nov 2026, 03:41 pm
Bid Increment (During Extension)
₹25000
Auto-extends if Bid in Last
10 minutes
Extended By
10 minutes
Available for Loan
Yes
Loan Available Up To
75 %
Carpet Area
78843.6 sq. ft.
Area Unit
square feet

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