All auctions / Tamil Nadu / Chennai
1200 square feet Plot for sale in Chennai
Chennai, Tamil Nadu – 600048
Indian Bank · SELAIYUR - 2505
- Reserve price
- ₹45,00,000
- EMD
- ₹4,50,000
- Bid increment
- ₹25,000
- Area
- 1,200 sq ft
- Price per sq ft
- ₹3,750
This is the 2nd auction of this property. The reserve price is 16.7% lower than at the last auction (₹54,00,000 on 25 Sep 2026, 10:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property22 Oct 2026, 10:00 AM – 23 Oct 2026, 4:00 PM
- Pay EMD and submit bid by28 Oct 2026, 4:00 PM
- Auction28 Oct 2026, 10:29 AM – 4:00 PM · in 13 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 28 Oct 2026 | ₹45,00,000 | -16.7% | Upcoming |
| 25 Sep 2026 | ₹54,00,000 | — | 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 ₹25,000. 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 · Plot
- Possession
- Physical
- Auction type
- Bank sale (SARFAESI)
- Address
- Residential Plot at comprised in S No. 305/2(part) , Patta No.12423, As per patta Sub Division S. No. 305/10A, Plot No.57B, (Romar Thottam) Lakshmi Nagar West, Mudichur, Chennai-600048
- Borrower
- Mrs. Indhumathi V
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