All auctions / Tamil Nadu / Chennai

Flat for sale in Chennai

Chennai, Tamil Nadu – 602024

Indian Bank · AYANAVARAM - 74

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Reserve price
₹55,80,000
EMD
₹5,58,000
Bid increment
₹10,000

This is the 3rd auction of this property. The reserve price is 10% lower than at the last auction (₹62,00,000 on 5 Jun 2026, 10:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property22 Oct 2026, 10:00 AM – 22 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by28 Oct 2026, 3:00 PM
  3. Auction28 Oct 2026, 10:00 AM – 4:00 PM · in 12 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹55,80,000-10.0%Upcoming
5 Jun 2026₹62,00,000-20.0%Closed
24 Feb 2026₹77,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹5,58,000
Rest of 25% when you win (same or next day)
₹8,37,000
Balance 75%, usually within 15 days
₹41,85,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.79 L – ₹4.46 L

You may bid above the reserve in steps of ₹10,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Residential · Flat
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
lat No.4D, As per Document Third Floor, Plot Nos.119, 120,121, 122 & 123, "Ganapathypuram”, Panapakkam Village, Kundrathur Taluk, Kanhipuram District.
Borrower
Mr. Satheesh Chandrasekar

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