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1195 square feet Flat for sale in PADAPPAI Maraimalai Nagar

Maraimalai Nagar, Chengalpattu, Tamil Nadu – 603202

Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹31,33,000
EMD
₹3,13,300
Bid increment
₹25,000
Area
1,195 sq ft
Price per sq ft
₹2,622

This is the 10th auction of this property. The reserve price is 5% lower than at the last auction (₹32,98,000 on 28 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property14 Oct 2026, 11:00 AM – 14 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by20 Oct 2026, 5:00 PM (EMD closes in 5 days)
  3. Auction21 Oct 2026, 11:00 AM – 12:00 PM · in 6 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
21 Oct 2026₹31,33,000-5.0%Upcoming
28 Sep 2026₹32,98,000—Closed
27 Aug 2026₹32,98,000-5.0%Closed
31 Jul 2026₹34,72,000—Closed
22 Jun 2026₹34,72,000-5.0%Closed
21 May 2026₹36,54,000—Closed
16 Apr 2026₹36,54,000-5.0%Closed
20 Mar 2026₹38,47,000—Closed
25 Feb 2026₹38,47,000-5.0%Closed
29 Jan 2026₹40,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹3,13,300
Rest of 25% when you win (same or next day)
₹4,69,950
Balance 75%, usually within 15 days
₹23,49,750
Stamp duty and registration (about 5–8%, varies by state)
₹1.57 L – ₹2.51 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
Patta No.444, Punjai survey No.424/ 2 , Old patta No.881 as per New Patta No.887, New Survey No.424/2B, Flat No.F5, First Floor, Plot No. B, (Perumal Koil Street) , Sekkizhar Street ,Padappai, Pincode -602 301.
Borrower
E Karthick

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