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1062 square feet Flat for sale in Chennai

Chennai, Tamil Nadu – 600126

Indian Bank · ANNA NAGAR (WEST) - 5042

This auction has ended or was withdrawn. Banks often re-auction at a lower reserve price, so check current auctions nearby.

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹46,80,000
EMD
₹4,68,000
Bid increment
₹10,000
Area
1,062 sq ft
Price per sq ft
₹4,407

This is the 3rd auction of this property. The reserve price is 10% lower than at the last auction (₹52,00,000 on 29 Sep 2026, 10:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property22 Oct 2026, 10:00 AM – 23 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₹46,80,000-10.0%Upcoming
29 Sep 2026₹52,00,000-10.3%Closed
14 Jul 2026₹58,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,68,000
Rest of 25% when you win (same or next day)
₹7,02,000
Balance 75%, usually within 15 days
₹35,10,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.34 L – ₹3.74 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
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Flat S2, Second Floor, Block 2, Sudharshan Sakthi, Plot No 3, Kamaraj Nagar, Sithalapakkam, Chennai
Borrower
Mr. Mohammed Saadiq

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