All auctions / Tamil Nadu / Chennai
- Reserve price
- ₹25,50,000
- EMD
- ₹2,55,000
- Bid increment
- ₹50,000
- Area
- 1,657 sq ft
- Price per sq ft
- ₹1,539
This is the 9th auction of this property. The reserve price is 4.9% lower than at the last auction (₹26,80,000 on 16 Sep 2026, 10:30 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property12 Oct 2026, 11:00 AM – 12 Oct 2026, 4:00 PM
- Pay EMD and submit bid by21 Oct 2026, 5:00 PM (EMD closes in 5 days)
- Auction22 Oct 2026, 10:30 AM – 11:30 AM · in 6 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 22 Oct 2026 | ₹25,50,000 | -4.9% | Upcoming |
| 16 Sep 2026 | ₹26,80,000 | — | Closed |
| 11 Aug 2026 | ₹26,80,000 | -6.0% | Closed |
| 14 Jul 2026 | ₹28,50,000 | — | Closed |
| 25 Jun 2026 | ₹28,50,000 | -5.0% | Closed |
| 26 May 2026 | ₹30,00,000 | — | Closed |
| 29 Apr 2026 | ₹30,00,000 | -4.8% | Closed |
| 24 Mar 2026 | ₹31,50,000 | — | Closed |
| 25 Feb 2026 | ₹31,50,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹2,55,000
- Rest of 25% when you win (same or next day)
- ₹3,82,500
- Balance 75%, usually within 15 days
- ₹19,12,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.27 L – ₹2.04 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
- All that piece and parcel of land Plot-A, measuring 1657 sq.ft., with 10 feet measuring 450 sq.ft. Comprised in part of Survey No.31/2, present Survey No. 31/2A of Madavilagam Village, Poonamalle Taluk, Thiruvallur District, Plot-A in Sub-division Approval No. 149/2012, dated 29.01.2013, Planning permit No. 42500, File No. A1/149/2012-13, and Building approval No. 23/2012-23, dated 20.03.2013 for Plot-A, located at ARK Vigneswara Nagar; and total land bounded on the, North by: ARK Vigneswara Nagar South by: Survey No 31/3B East by: Plot No. 17 West by: Remaining land in Survey No. 31/2
- Borrower
- SELVARANI
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