The liquidator of Landmark Housing Projects Chennai Pvt Ltd has invited bids for the e-auction of the company’s prime land parcels measuring approximately 9.8 acres in Sholinganallur, Chennai, as part of the corporate insolvency process under the Insolvency and Bankruptcy Code (IBC), 2016. The combined reserve price for the properties has been fixed at Rs 192 crore, according to the auction notice. The assets, comprising four schedules of vacant lands located in Sholinganallur village, Kancheepuram district, will be sold together as a single lot on an “as is where is and whatever there is” and “no complaint” basis.
Key dates include:
- Last date for submission of KYC documents and Section 29A undertakings:…