All auctions / Tamil Nadu / Chennai

488.25 square feet Individual House for sale in Chennai

Chennai, Tamil Nadu – 600042

Indian Bank · MEDAVAKKAM - 1713

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Reserve price
₹18,10,000
EMD
₹1,81,000
Bid increment
₹25,000
Area
488 sq ft
Price per sq ft
₹3,707

This is the 5th auction of this property. The reserve price is 4.7% lower than at the last auction (₹19,00,000 on 18 Jul 2026, 10:00 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property22 Oct 2026, 10:00 AM – 23 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by28 Oct 2026, 4:00 PM
  3. Auction28 Oct 2026, 10:00 AM – 4:00 PM · in 13 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹18,10,000-4.7%Upcoming
18 Jul 2026₹19,00,000-5.0%Closed
25 Jun 2026₹20,00,000-24.5%Closed
29 May 2026₹26,50,000—Closed
27 Apr 2026₹26,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹1,81,000
Rest of 25% when you win (same or next day)
₹2,71,500
Balance 75%, usually within 15 days
₹13,57,500
Stamp duty and registration (about 5–8%, varies by state)
₹90,500 – ₹1.45 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 · Individual House
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
All that part & parcel of land & building situated at part of Old Survey No. 31/1, as per Patta New Survey No.31/4 to an extent of 2660 Sq. feet, Plot No.43, Patta No.450 (together with house building and EB service connection) in “Vijay Raja Nagar Nathan Avenue” situated at No 141, Pudupattu Village, Maduranthakam Taluk, Kancheepuram District
Borrower
MOHANRAJ & CHANDRA K

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