All auctions / Tamil Nadu / Chennai
2550 square feet Flat for sale in Chennai
Chennai, Tamil Nadu – 600050
Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II
- Reserve price
- ₹45,00,000
- EMD
- ₹4,50,000
- Bid increment
- ₹50,000
- Area
- 2,550 sq ft
- Price per sq ft
- ₹1,765
This is the 4th auction of this property. The reserve price is 14.3% lower than at the last auction (₹52,50,000 on 18 Sep 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 5 days)
- Auction21 Oct 2026, 11:30 AM – 12:30 PM · in 5 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 21 Oct 2026 | ₹45,00,000 | -14.3% | Upcoming |
| 18 Sep 2026 | ₹52,50,000 | — | Closed |
| 28 Aug 2026 | ₹52,50,000 | — | Closed |
| 23 Mar 2026 | ₹52,50,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹4,50,000
- Rest of 25% when you win (same or next day)
- ₹6,75,000
- Balance 75%, usually within 15 days
- ₹33,75,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹2.25 L – ₹3.60 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
- S.No. 1250 (pt), T.S.No.63, Block No.74, Ward No.E, Plot No. 442, Ananta Asilo Apartment, Flat No. F-3, First Floor, Door No. 442/4, T.N.H.B. Colony, Periyar Nagar 16th Street, Korattur Village, Ambattur Taluk, Chennai District – 600 050.
- Borrower
- BHUVANESWARI A & ANAND H
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