552 sq feet Flat for Auction in Sevvapet, Thiruvallur, Chennai – BOB

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

552 sq feet (≈ 552 sq ft)

Reserve price / sq ft

₹2,862

Locality

Sevvapet, Thiruvallur

City

Chennai

State

Tamil Nadu

Pincode

602024

Address

Sevvapet, Thiruvallur, Chennai, Tamil Nadu, 602024 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

ZONAL SARB, CHENNAI - 2631

Auction type

SARFAESI Auction

Borrower

ELUMALAI s** S*****

Auction start

26 Nov 2026, 02:00 PM

Auction end

26 Nov 2026, 06:00 PM

EMD submission deadline

26 Nov 2026, 05:50 PM

Inspection

18 Nov 2026, 11:30 AM – 18 Nov 2026, 01:30 PM

Authorised officer

Jitendra Kumar

Officer contact

9110263878

E-auction portal

BAANKNET (Property ID BARBELUMALAISUNDARAMOORTH)

Price Check

This listing's reserve price works out to ₹2,862 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,773 per sq ft, so this one is 58% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 18 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BARBELUMALAISUNDARAMOORTH)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 05:50 PM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.