Begin typing your search above and press return to search.
Making democracy invisible
access_time 24 Sep 2020 6:43 AM GMT
Points to ponder before the Al-Qaeda hunt
access_time 22 Sep 2020 6:25 AM GMT
Farmer rage and Opposition parties
access_time 19 Sep 2020 6:51 AM GMT
access_time 19 Sep 2020 3:50 AM GMT
DEEP READAll arrow_drop_down
Homechevron_rightEntertainmentchevron_rightVijayakanths house,...

Vijayakanth's house, college properties to be auctioned

Vijayakanths house, college properties to be auctioned

Chennai: Properties worth about Rs 100 crore owned by actor-turned politician A. Vijayakanth, his wife V. Premalatha and his educational trust has been put on auction by the Indian Overseas Bank (IOB) for non-payment of a Rs 5.52 crore loan.

The loan was availed by actor's Andal Azhagar Educational Trust and Vijayakanth and Premalatha were the sureties, providing their properties as security to the bank.

According to the IOB's public notice, the properties would be auctioned off on July 26.

The minimum price of the Trust's property at Mamandur in Kanchipuram district is fixed at about Rs 92 crore, the residential property of Vijayakanth here is at about Rs 4.25 crore and his vacant residential plot here is fixed at about Rs 3.04 crore.

Show Full Article
Next Story