All auctions / Tamil Nadu / Chennai
22Oct
635 square feet Flat for sale in CHENNAI Chennai
Chennai, Tamil Nadu – 600083
Canara Bank · CHENNAI KELLYS CORNER-907
- Reserve price
- ₹55,08,000
- EMD
- ₹5,50,800
- Bid increment
- ₹1,00,000
- Area
- 635 sq ft
- Price per sq ft
- ₹8,674
This is the 5th auction of this property. The last auction had a reserve of ₹55,08,000. 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 by21 Oct 2026, 4:00 PM (EMD closes in 6 days)
- Auction22 Oct 2026, 11:30 AM – 12:30 PM · in 7 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 22 Oct 2026 | ₹55,08,000 | — | Upcoming |
| 29 Sep 2026 | ₹55,08,000 | — | Closed |
| 9 Sep 2026 | ₹55,08,000 | -10.0% | Closed |
| 18 Aug 2026 | ₹61,20,000 | -10.0% | Closed |
| 22 Jul 2026 | ₹68,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹5,50,800
- Rest of 25% when you win (same or next day)
- ₹8,26,200
- Balance 75%, usually within 15 days
- ₹41,31,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹2.75 L – ₹4.41 L
You may bid above the reserve in steps of ₹1,00,000. 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
- All that piece and portion of Flat bearing No 2 in Ground Floor in M.C Flats, Door No: 55, Annai Sivagami Block Now Anjugam Nagar, 3rd Street, Jawahar nagar, Jafferkhanpet, Chennai – 600083. Comprise in S.no.261/12 (part), Block No:77, T.S.No.9, comprised in village Natham S.No.261/4 ,Block no 77, T.S.No 10 of Kodambakkam Village, Mamballam –Guindy Taluk, Chennai District, Flat measuring 635 sqft (pinth area of flat), together with 18 percentage undivided share in Item No 1 & Item No 2 of the above schedule ‘A’ Property of land with all common right, electrical fittings and privileges.
- Borrower
- VAIGAI ELECTRICALS
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