All auctions / Tamil Nadu / Ponneri
28Oct
2 BHK Flat for sale in ARTES HOMES, Ponneri Ponneri
Ponneri, Tiruvallur, Tamil Nadu – 601204
State Bank of India · SARB II CHENNAI-70674
- Reserve price
- ₹35,00,000
- EMD
- ₹3,50,000
- Bid increment
- ₹25,000
- Area
- 1,025 sq ft
- Price per sq ft
- ₹3,415
This is the 6th auction of this property. The reserve price is 0.4% lower than at the last auction (₹35,15,000 on 28 Aug 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property17 Oct 2026, 11:00 AM – 17 Oct 2026, 4:00 PM
- Pay EMD and submit bid by28 Oct 2026, 3:30 PM
- Auction28 Oct 2026, 11:00 AM – 4:00 PM · in 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 28 Oct 2026 | ₹35,00,000 | -0.4% | Upcoming |
| 28 Aug 2026 | ₹35,15,000 | — | Closed |
| 29 Jul 2026 | ₹35,15,000 | — | Closed |
| 8 Jul 2026 | ₹35,15,000 | — | Closed |
| 3 Jun 2026 | ₹35,15,000 | -5.0% | Closed |
| 17 Apr 2026 | ₹37,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹3,50,000
- Rest of 25% when you win (same or next day)
- ₹5,25,000
- Balance 75%, usually within 15 days
- ₹26,25,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.75 L – ₹2.80 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
- Physical
- Auction type
- Bank sale (SARFAESI)
- Address
- ARETE HOMES", No.1001, 10th floor, Tower No. A-4, Perunchen Village, Ponneri Taluk, Tiruvallur District, Chennai —601204
- Borrower
- Mr. Sudhakar Babu K
Similar auctions nearby
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Symbolic possession
in 17 days
₹27.57 L
EMD ₹2.76 L
