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Flat in Poonamallee, Tamil Nadu (bank auction)

About this property

This is a 1,100 sq ft flat in Poonamallee, Tamil Nadu. Possession is physical: the bank holds the property and can hand it over.

The reserve price, the lowest price at which the bank will sell, is ₹25,70,000 (₹25.7 L). To bid you first pay an earnest money deposit (EMD) of ₹2,57,000 (about 10% of the reserve price), which must reach the bank by 23 Nov 2026, 11:59 PM IST. Each new bid must be at least ₹50,000 higher than the last. The e-auction is on 24 November 2026 from 10:30 AM to 11:30 AM IST on baanknet.com. The property can be inspected: 12 November 2026, 11 am to 4 pm.

Property description

Residential flat FF1 of 1,100 sq ft on the first floor in Block B, Plot B, ARK Vigneswara Nagar, with a 500 sq ft undivided share of the 1,940 sq ft plot and a 10 ft passage measuring 450 sq ft, in part of Survey No. 31/2 (present Survey No. 31/2A), Madavilagam Village, Poonamallee Taluk, Thiruvallur District, Poonamallee Sub Registry, South Chennai Registration District. Plot B of sub-division approval No. 149/2012, Planning Permit No. 42499 (file A1/150/2012-13) and building approval No. 22/2012-13. The bank has taken physical possession.

Boundaries

North by: ARK Vigneswara Nagar, South by: Survey No. 31/3B, East by: 10 ft common passage and sub-division Plot A, West by: Sub-division Plot C.

Auction details

Reserve price
₹25,70,000 (₹25.7 L)
EMD (earnest money deposit)
₹2,57,000
Bid increment
₹50,000
Auction starts
24 Nov 2026, 10:30 AM IST
Auction ends
24 Nov 2026, 11:30 AM IST
Last date for EMD / bids
23 Nov 2026, 11:59 PM IST
Inspection
12 November 2026, 11 am to 4 pm
Property type
Flat
Area
1,100 sq ft
Possession
Physical
Location
Poonamallee, Tamil Nadu
Reference
LA-4746

Interested in this property?

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  • To get more information about the property
  • For auction assistance and support
  • For property audit and inspection

Auction starts in 1 week.

Before you bid

  • Inspect the property on the inspection date.
  • Check title, dues and encumbrances: the sale is “as is, where is”.
  • Pay the EMD before the deadline and register on the e-auction website.
  • Read the bank’s sale notice and its terms in full.

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