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878 square feet Flat for sale in NEELAMANGALAM Maraimalai Nagar

Maraimalai Nagar, Chengalpattu, Tamil Nadu – 603202

Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹22,20,000
EMD
₹2,22,000
Bid increment
₹25,000
Area
878 sq ft
Price per sq ft
₹2,528

This is the 8th auction of this property. The reserve price is 2.6% lower than at the last auction (₹22,80,000 on 28 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property21 Oct 2026, 11:00 AM – 21 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by26 Oct 2026, 10:00 AM
  3. Auction26 Oct 2026, 11:00 AM – 12:00 PM · in 9 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
26 Oct 2026₹22,20,000-2.6%Upcoming
28 Sep 2026₹22,80,000-5.0%Closed
24 Aug 2026₹24,00,000-5.9%Closed
24 Jul 2026₹25,50,000—Closed
25 Jun 2026₹25,50,000-4.9%Closed
25 May 2026₹26,82,000—Closed
24 Apr 2026₹26,82,000-10.0%Closed
30 Mar 2026₹29,80,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,22,000
Rest of 25% when you win (same or next day)
₹3,33,000
Balance 75%, usually within 15 days
₹16,65,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.11 L – ₹1.78 L

You may bid above the reserve in steps of ₹25,000. 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
The Flat namely “SPs Sai Enclave” Flat No-G-1 in the Ground Floor of the building measuring a built up area of 878 Sq.Ft., (including common area) Plot No.89 (East Part), Balaji Avenue-2, situated in No.197, Neelamangalam Village, Kattankolathur Panchayat Union, Guduvancherry
Borrower
SRINIVASAN S

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