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3 BHK Villa for sale in SEA SHELL ENCLAVE, Chennai Chennai

Chennai, Tamil Nadu – 600112

State Bank of India · SARB I CHENNAI-05170

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹1,14,00,000
EMD
₹11,40,000
Bid increment
₹50,000
Area
1,610 sq ft
Price per sq ft
₹7,081

This is the 3rd auction of this property. The reserve price is 8.1% lower than at the last auction (₹1,24,00,000 on 10 Sep 2026, 10:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property5 Oct 2026, 11:00 AM – 5 Oct 2026, 2:00 PM
  2. Pay EMD and submit bid by15 Oct 2026, 2:00 PM (EMD closes today)
  3. Auction15 Oct 2026, 10:00 AM – 4:00 PM · today

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
15 Oct 2026₹1,14,00,000-8.1%Upcoming
10 Sep 2026₹1,24,00,000—Closed
16 Mar 2026₹1,24,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹11,40,000
Rest of 25% when you win (same or next day)
₹17,10,000
Balance 75%, usually within 15 days
₹85,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹5.70 L – ₹9.12 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 · Villa
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
Villa No. 7, "SEA SHELL ENCLAVE", Royal Beach Enclave, Kanathur Reddy Kuppam, Chennai - 600 112
Borrower
SIVAKUMAR RAMASAMY

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