All auctions / Tamil Nadu / Chennai

1800 square feet Plot for sale in MADHAVARAM Chennai

Chennai, Tamil Nadu – 600051

Canara Bank · CHENNAI CHINTADRIPET

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Reserve price
₹65,61,000
EMD
₹6,56,100
Bid increment
₹50,000
Area
1,800 sq ft
Price per sq ft
₹3,645

This is the 3rd auction of this property. The reserve price is 10% lower than at the last auction (₹72,90,000 on 29 Sep 2026, 11:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property17 Oct 2026, 11:00 AM – 17 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by21 Oct 2026, 4:00 PM (EMD closes in 6 days)
  3. Auction22 Oct 2026, 11:30 AM – 12:30 PM · in 7 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
22 Oct 2026₹65,61,000-10.0%Upcoming
29 Sep 2026₹72,90,000-10.0%Closed
8 Sep 2026₹81,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹6,56,100
Rest of 25% when you win (same or next day)
₹9,84,150
Balance 75%, usually within 15 days
₹49,20,750
Stamp duty and registration (about 5–8%, varies by state)
₹3.28 L – ₹5.25 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 · Plot
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
PLOT NO 9 GRAMANIAR GARDEN SELAVOYAL VILLAGE MADHAVARAM CHENNAI
Borrower
LARLAKSHAN EXPORTS

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