All auctions / Tamil Nadu / Chennai

3087 square feet Malls for sale in ANNA SALAI CHENNAI Chennai

Chennai, Tamil Nadu – 600002

Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II

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Reserve price
₹1,58,40,000
EMD
₹15,84,000
Bid increment
₹1,00,000
Area
12,767 sq ft
Price per sq ft
₹1,241

This is the 9th auction of this property. The reserve price is 5.3% lower than at the last auction (₹1,67,20,000 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₹1,58,40,000-5.3%Upcoming
28 Sep 2026₹1,67,20,000-5.0%Closed
31 Aug 2026₹1,76,00,000+25.8%Closed
22 Jun 2026₹1,39,89,000—Closed
21 May 2026₹1,39,89,000-5.0%Closed
16 Apr 2026₹1,47,25,000—Closed
20 Mar 2026₹1,47,25,000-5.0%Closed
25 Feb 2026₹1,55,00,000—Closed
29 Jan 2026₹1,55,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹15,84,000
Rest of 25% when you win (same or next day)
₹23,76,000
Balance 75%, usually within 15 days
₹1,18,80,000
Stamp duty and registration (about 5–8%, varies by state)
₹7.92 L – ₹12.67 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
Commercial · Malls
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
“ CITY CENTRE PLAZA” NEW DOOR NO.24 SHOP NO.2 & 3, 5TH Floor, Walajah Road, Anna Salai, Triplicane Village, Mylapore Taluk, Chennai District – 600 002
Borrower
SHYLAJA K

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