All auctions / Tamil Nadu / Chennai
4570 square feet Godowns for sale in Chennai
Chennai, Tamil Nadu – 600006
Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II
- Reserve price
- ₹1,38,75,000
- EMD
- ₹13,87,500
- Bid increment
- ₹1,00,000
- Area
- 4,570 sq ft
- Price per sq ft
- ₹3,036
This is the 4th auction of this property. The reserve price is 1.5% lower than at the last auction (₹1,40,80,000 on 23 Mar 2026, 11:30 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property15 Oct 2026, 11:00 AM – 15 Oct 2026, 4:00 PM
- Pay EMD and submit bid by21 Oct 2026, 10:00 AM (EMD closes in 4 days)
- Auction21 Oct 2026, 11:30 AM – 12:30 PM · in 4 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 21 Oct 2026 | ₹1,38,75,000 | -1.5% | Upcoming |
| 23 Mar 2026 | ₹1,40,80,000 | — | Closed |
| 23 Feb 2026 | ₹1,40,80,000 | -5.9% | Closed |
| 31 Jan 2026 | ₹1,49,60,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹13,87,500
- Rest of 25% when you win (same or next day)
- ₹20,81,250
- Balance 75%, usually within 15 days
- ₹1,04,06,250
- Stamp duty and registration (about 5–8%, varies by state)
- ₹6.94 L – ₹11.10 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 · Godowns
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- S.No. 1471/2 & 1471/1C2, Door No. 33, Perumal Koil Street Extension, Madhavaram Village & Taluk, Previously Sembium SRO, Now Madhavaram (SRO), Chennai District - 600 06
- Borrower
- RADHA BAI P
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