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566 square feet Flat for sale in ELITE FLATS, Puzhal Chennai

Chennai, Tamil Nadu – 600066

State Bank of India · SARB II CHENNAI-70674

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹30,00,000
EMD
₹3,00,000
Bid increment
₹50,000
Area
800 sq ft
Price per sq ft
₹3,750

This is the 2nd auction of this property. The last auction had a reserve of ₹29,50,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property15 Oct 2026, 11:00 AM – 15 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by29 Oct 2026, 3:59 PM
  3. Auction29 Oct 2026, 11:00 AM – 4:00 PM · in 13 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
29 Oct 2026₹30,00,000+1.7%Upcoming
28 Jan 2026₹29,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹3,00,000
Rest of 25% when you win (same or next day)
₹4,50,000
Balance 75%, usually within 15 days
₹22,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.50 L – ₹2.40 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
Flat No F3, First Floor,Sri Balaji Nagar part 1F, Puzhal, Chennai 600066
Borrower
E Nantha Kumar

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