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Chennai Feb. 6 More than a dozen bidders are to participate in tomorrow's electronic auction for IDBI Bank's property on Boat Club Road, a prime residential locality in Chennai.

It may be recalled that IDBI Bank had called prospective bidders to participate in the e-auction for the one-lakh sq ft property. The marketing consultant is Jones Lang LaSalle.

This is the second attempt by IDBI to sell the property measuring 1,04,381 sq ft with a built up space of 11,000 sq ft. The property is expected to go for more than Rs 150 crore.

More Stories on : Real Estate & Construction | Private Banks | Tamil Nadu

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