All auctions / Tamil Nadu / Chennai
28Oct
488.25 square feet Individual House for sale in Chennai
Chennai, Tamil Nadu – 600042
Indian Bank · MEDAVAKKAM - 1713
- 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
- 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, 10:00 AM – 4:00 PM · in 13 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 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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