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2 BHK Flat for sale in LAKE VIEW, LOCATED IN DEVELIPONG AREA Maraimalai Nagar

Maraimalai Nagar, Chengalpattu, Tamil Nadu – 603203

State Bank of India · SARB I CHENNAI-05170

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹51,30,000
EMD
₹5,13,000
Bid increment
₹25,000
Area
1,380 sq ft
Price per sq ft
₹3,717

This is the 5th auction of this property. The last auction had a reserve of ₹51,30,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property8 Oct 2026, 11:00 AM – 8 Oct 2026, 2:00 PM
  2. Pay EMD and submit bid by22 Oct 2026, 2:00 PM (EMD closes in 5 days)
  3. Auction22 Oct 2026, 10:00 AM – 4:00 PM · in 5 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
22 Oct 2026₹51,30,000—Upcoming
29 Sep 2026₹51,30,000—Closed
7 Sep 2026₹51,30,000—Closed
10 Aug 2026₹51,30,000—Closed
11 Feb 2026₹51,30,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹5,13,000
Rest of 25% when you win (same or next day)
₹7,69,500
Balance 75%, usually within 15 days
₹38,47,500
Stamp duty and registration (about 5–8%, varies by state)
₹2.56 L – ₹4.10 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
FLAT NO. F3, FIRST FLOOR, LAKEVIEW APARTMENT, PLOT NO. 330, JAWAHAR AYYA NAGAR, ADHANUR, GUDUVANCHERY.
Borrower
SHAJU ABRAHAM CHERIYAN

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