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187 square feet Flat for sale in Chennai

Chennai, Tamil Nadu – 600093

Canara Bank · CHENNAI SPECIALISED ARM BRANCH

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹25,50,000
EMD
₹2,55,000
Bid increment
₹50,000
Area
735 sq ft
Price per sq ft
₹3,469

This is the 3rd auction of this property. The reserve price is 5.6% lower than at the last auction (₹27,00,000 on 24 Mar 2026, 10:30 AM). 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₹25,50,000-5.6%Upcoming
24 Mar 2026₹27,00,000—Closed
25 Feb 2026₹27,00,000—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 · Flat
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
FLAT F1, 1ST FLOOR, KASI FLATS, DOOR NO 1A, CANARA BANK COLONY , PILLAIYAR KOIL ST , SALIGRAMAM,CHENNAI 93
Borrower
SANTHOSH REDDY

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