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1286 square feet Flat for sale in Achayas, Chennai

Chennai, Tamil Nadu – 600004

Bank of Maharashtra · ASSETRECOVERYBRANCH,CHENNAI-1941

This auction has ended or was withdrawn.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
₹1,53,00,000
EMD
₹15,30,000
Bid increment
₹50,000
Area
1,287 sq ft
Price per sq ft
₹11,893

This is the 2nd auction of this property. The reserve price is 2.5% lower than at the last auction (₹1,57,00,000 on 29 Aug 2026, 1:00 PM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property12 Oct 2026, 11:00 AM – 14 Oct 2026, 5:00 PM
  2. Pay EMD and submit bid by15 Oct 2026, 2:00 PM
  3. Auction15 Oct 2026, 1:00 PM – 3:00 PM · ended

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹1,53,00,000-2.5%Upcoming
29 Aug 2026₹1,57,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹15,30,000
Rest of 25% when you win (same or next day)
₹22,95,000
Balance 75%, usually within 15 days
₹1,14,75,000
Stamp duty and registration (about 5–8%, varies by state)
₹7.65 L – ₹12.24 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
Auction type
Bank sale (SARFAESI)
Address
Residential Flat bearing No.6/2 on 1st Floor, “ACHAYAS”, Plot No.416, Door No.14/6, Survey No.74/1 (Part), Kamaraj Nagar, 6th East Street, Thiruvanmiyur, Chennai-600 04
Borrower
M/s. Achaya Spices (Partnership Firm) Through its Partners Mr. A Sudhakar & Mrs. Reena Sudhakar

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