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1308 square feet Individual House for sale in RED HILLS Chennai

Chennai, Tamil Nadu – 600052

Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹29,50,000
EMD
₹2,95,000
Bid increment
₹50,000
Area
1,308 sq ft
Price per sq ft
₹2,255

This is the 8th auction of this property. The reserve price is 7.8% lower than at the last auction (₹32,00,000 on 31 Aug 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 8 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
26 Oct 2026₹29,50,000-7.8%Upcoming
31 Aug 2026₹32,00,000-5.0%Closed
24 Jul 2026₹33,70,000—Closed
25 Jun 2026₹33,70,000-5.0%Closed
25 May 2026₹35,47,000—Closed
24 Apr 2026₹35,47,000-15.0%Closed
30 Mar 2026₹41,73,000—Closed
9 Mar 2026₹41,73,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,95,000
Rest of 25% when you win (same or next day)
₹4,42,500
Balance 75%, usually within 15 days
₹22,12,500
Stamp duty and registration (about 5–8%, varies by state)
₹1.48 L – ₹2.36 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 · Individual House
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Old No. 2/10, New No.323, Bajanai Kovil St, Grandline, Vadakarai, Redhills, Chennai – 600052.
Borrower
PARVATHI

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