Auction in 2 days
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 FF2 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-4748
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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