All auctions / Tamil Nadu / Chennai

Residential cum commercial for sale in PADI Chennai

Chennai, Tamil Nadu – 600050

Canara Bank · SPECIALIZED ARM BRANCH, CHENNAI-II

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Reserve price
₹1,45,59,000
EMD
₹14,55,900
Bid increment
₹1,00,000

Key dates

  1. Inspect the property12 Oct 2026, 11:00 AM – 12 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by16 Oct 2026, 10:00 AM (EMD closes tomorrow)
  3. Auction16 Oct 2026, 11:30 AM – 12:30 PM · tomorrow

What you'd pay at the reserve price

EMD, before the auction
₹14,55,900
Rest of 25% when you win (same or next day)
₹21,83,850
Balance 75%, usually within 15 days
₹1,09,19,250
Stamp duty and registration (about 5–8%, varies by state)
₹7.28 L – ₹11.65 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
Other · Others
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
Plot No.13, Door No.13, Northern Portion,S.Nos.326/1A4, 326/1A5,326/2, Mosque Street, T.M.P Nagar, Padi Village, Ambattur, Chennai -600050.
Borrower
M/S LAILA IRON TRADERS

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