Auction tomorrow
Flat in Chennai, Tamil Nadu (bank auction)
About this property
This is a 1,116 sq ft flat in Chennai, 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 ₹66,00,000 (₹66 L). To bid you first pay an earnest money deposit (EMD) of ₹6,60,000 (about 10% of the reserve price). Each new bid must be at least ₹25,000 higher than the last. The e-auction is on 21 December 2026 from 10:00 AM to 4:00 PM IST on baanknet.com. The property can be inspected: 24 and 29 November 2026, 11 am to 3 pm.
Property description
Residential flat No. S1 on the second floor of Virat Aadhava (western portion), plinth area 1,116 sq ft, with a 523 sq ft undivided share of the land. The building stands on a vacant house site, Plot A, of 3,394 sq ft at Gangai Amman Koil Street (old No. 73, new No. 58), Alapakkam Road, Maduravoyal Village, formerly Saidapet Taluk, now Ambattur Taluk, Tiruvallur District, Chennai 600095, in old Survey No. 267/2B (part) as per old Patta No. 249, now parts of new Survey Nos. 267/2B2, 267/2B3 and 267/2B4 as per new Patta Nos. 4324, 4325 and 4326. Chennai South registration district, Virugambakkam sub-registration district. Encumbrances known to the bank: nil. The bank has taken physical possession.
Boundaries
North by: Land of another owner, South by: Gangai Amman Koil Street, East by: Plot B, West by: Maduravoyal Erikarai (lake bund).
Auction details
- Reserve price
- ₹66,00,000 (₹66 L)
- EMD (earnest money deposit)
- ₹6,60,000
- Bid increment
- ₹25,000
- Auction starts
- 21 Dec 2026, 10:00 AM IST
- Auction ends
- 21 Dec 2026, 4:00 PM IST
- Inspection
- 24 and 29 November 2026, 11 am to 3 pm
- Property type
- Flat
- Area
- 1,116 sq ft
- Possession
- Physical
- Location
- Chennai, Tamil Nadu
- PIN code
- 600095
- Reference
- LA-5561
Auction starts in 1 month.
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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