eAuctionsNews

All auctions / Tamil Nadu / Chennai

Flat for sale in Chennai

Chennai, Tamil Nadu – 600091

Punjab National Bank · ARMB CHENNAI 361200

Open sale notice (PDF) View on BAANKNET

Add to calendar Share on WhatsApp Show area on map

Reserve price
₹42,31,000
EMD
₹4,23,100
Bid increment
₹50,000

This is the 4th auction of this property. The last auction had a reserve of ₹42,31,000. 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 10 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
27 Oct 2026₹42,31,000—Upcoming
24 Sep 2026₹42,31,000—Closed
4 Aug 2026₹42,31,000+5.8%Closed
18 Feb 2026₹40,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,23,100
Rest of 25% when you win (same or next day)
₹6,34,650
Balance 75%, usually within 15 days
₹31,73,250
Stamp duty and registration (about 5–8%, varies by state)
₹2.12 L – ₹3.38 L

You may bid above the reserve in steps of ₹50,000. 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
Address
flat no F-2 Somasundram apartments Old door no 74 & 75 New no 47A & 47B Medavakkam main road Ullagaram Chennai -91
Borrower
P Arun Prasath

Similar auctions nearby

  1. 673 square feet Flat for sale in Chennai

    Chennai, Tamil Nadu

    Bank of Baroda Residential · Flat

    2nd auction673 sq ftPhysical possession

    in 5 days EMD closes in 5 days

    ₹42.27 L

    ₹6,281/sq ft

  2. 367 square feet Flat for sale in AVADI Chennai

    Chennai, Tamil Nadu

    Canara Bank Residential · Flat

    Reserve cut 5.6% 7th auction1,165 sq ftSymbolic possession

    in 11 days

    ₹42.41 L

    was ₹44.91 L

    ₹3,641/sq ft

  3. 2 BHK Flat for sale in ROJA APPARTMENTS, CHENNAI Chennai

    Chennai, Tamil Nadu

    State Bank of India Residential · Flat

    3rd auction1,575 sq ftPhysical possession

    today EMD closes today

    ₹42.00 L

    ₹2,667/sq ft

  4. 680 square feet Flat for sale in KATTUPAKKAM PORUR Chennai

    Chennai, Tamil Nadu

    Bank of India Residential · Flat

    950 sq ftSymbolic possession

    in 10 days

    ₹42.00 L

    ₹4,421/sq ft