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Individual House for sale in Chennai

Chennai, Tamil Nadu – 600048

Punjab National Bank · ARMB CHENNAI 361200

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹49,00,000
EMD
₹4,90,000
Bid increment
₹1,00,000

This is the 5th auction of this property. The last auction had a reserve of ₹49,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by27 Oct 2026, 3:59 PM
  2. Auction27 Oct 2026, 11:00 AM – 4:00 PM · in 11 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹49,00,000—Upcoming
6 Oct 2026₹49,00,000—Closed
2 Sep 2026₹49,00,000-6.3%Closed
28 Apr 2026₹52,30,000—Closed
27 Mar 2026₹52,30,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,90,000
Rest of 25% when you win (same or next day)
₹7,35,000
Balance 75%, usually within 15 days
₹36,75,000
Stamp duty and registration (about 5–8%, varies by state)
₹2.45 L – ₹3.92 L

You may bid above the reserve in steps of ₹1,00,000. 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 · Individual House
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
PLOT NO.71, FLAT NO.S-2, SECOND FLOOR
Borrower
ARUL K

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