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Flat for sale in Chennai

Chennai, Tamil Nadu – 600124

Canara Bank · CHENNAI SPECIALISED ARM BRANCH

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Reserve price
₹27,00,000
EMD
₹2,70,000
Bid increment
₹50,000
Area
1,100 sq ft
Price per sq ft
₹2,455

This is the 8th auction of this property. The last auction had a reserve of ₹27,00,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property12 Oct 2026, 11:00 AM – 12 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by21 Oct 2026, 5:00 PM (EMD closes in 6 days)
  3. Auction22 Oct 2026, 10:30 AM – 11:30 AM · in 7 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
22 Oct 2026₹27,00,000—Upcoming
16 Sep 2026₹27,00,000-5.3%Closed
11 Aug 2026₹28,50,000—Closed
14 Jul 2026₹28,50,000-5.0%Closed
25 Jun 2026₹30,00,000—Closed
26 May 2026₹30,00,000-4.8%Closed
29 Apr 2026₹31,50,000—Closed
10 Mar 2026₹31,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,70,000
Rest of 25% when you win (same or next day)
₹4,05,000
Balance 75%, usually within 15 days
₹20,25,000
Stamp duty and registration (about 5–8%, varies by state)
₹1.35 L – ₹2.16 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 · Flat
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
FLAT NO FF1, 1ST FLOOR PLOT B, BLOCK B, ARK VIGNESHARA NAGAR, MADAVILAGAM VILLAGE, POONAMALLEE, THIRUVALUR, CHENNAI 600124
Borrower
GUNASEKARAN

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