All auctions / Tamil Nadu / Chennai
2 BHK Flat for sale in GOWRIVAKKAM TAMBARAM Chennai
Chennai, Tamil Nadu – 600073
Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II
- Reserve price
- ₹25,65,000
- EMD
- ₹2,56,500
- Bid increment
- ₹25,000
- Area
- 5,232 sq ft
- Price per sq ft
- ₹490
This is the 9th auction of this property. The reserve price is 5% lower than at the last auction (₹27,00,000 on 28 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property22 Oct 2026, 11:00 AM – 22 Oct 2026, 4:00 PM
- Pay EMD and submit bid by27 Oct 2026, 5:00 PM
- Auction28 Oct 2026, 11:00 AM – 12:00 PM · in 12 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 28 Oct 2026 | ₹25,65,000 | -5.0% | Upcoming |
| 28 Sep 2026 | ₹27,00,000 | — | Closed |
| 27 Aug 2026 | ₹27,00,000 | -5.0% | Closed |
| 31 Jul 2026 | ₹28,43,000 | — | Closed |
| 22 Jun 2026 | ₹28,43,000 | -5.0% | Closed |
| 21 May 2026 | ₹29,92,000 | — | Closed |
| 16 Apr 2026 | ₹29,92,000 | -5.0% | Closed |
| 16 Mar 2026 | ₹31,50,000 | — | Closed |
| 13 Feb 2026 | ₹31,50,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹2,56,500
- Rest of 25% when you win (same or next day)
- ₹3,84,750
- Balance 75%, usually within 15 days
- ₹19,23,750
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.28 L – ₹2.05 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
- Plot No.A1 & A2, Tellus Avenue, Nivetha Castle, Flat No.S1, 2nd Floor Gowrivakkam Tambaram Chengalpattu - 600073
- Borrower
- M Manikandan
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