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Residential Plot DRT Auction

2,360 sq ft Residential Plot for Auction in Chennai – Union Bank

Chennai, Tamil Nadu · Auction ID #100401

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Residential Plot for auction in Chennai – Union BankRepresentative image – no photo published by the bank
Reserve Price ₹1,53,00,000
EMD (Earnest Money)₹15,30,000
Bid Increment₹1,00,000
Auction Date 04 Dec 2026, 11:00 AM In 19 days
EMD Last Date 02 Dec 2026, 05:00 PM In 17 days
Area2,360 sq ft
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Property Details

Property type
Residential Plot (Residential)
Possession
Not specified
Area
2,360 sq ft
Reserve price / sq ft
₹6,483
Locality
—
Pincode
600017

Description (as per sale notice)

SCHEDULE - A All that piece and parcel of the land an extent of 5 ground 2360 sq.ft, bearing Door No.9,New No.17 (Old Door No.4) Plot No.5, ADWAVE Towers, South Boag Road, Thyagarayar Nagar, Chennai - 600 017, Comprised in Survey Nos.122/1, 122/2 (part) and T.S.No.6550, Block No.141, Plot No.5, bounded on the North by No.4, bearing S.No.122/1 and 122/2 (part) of Mambalam T.S. No. 6549, South by Plot No.6, bearing S.No.122/2 (part) of Mambalam T.S.No.6551 East by: Plot No.30, bearing S.No.122/1 and 122/2 (part) of Mambalam T.S. NO. 6575. 6574 and 6576, West by: Boag Road, Thyagarayar Nagar Admeasuring East to West on the Northern Side: 205 Feet, East to West on the Southern Side : 205 Feet, North to South on the Eastern Side: 70 Feet, North to South on the Western Side: 70 Feet, Situate at Registration District of Chennai South and Sub- Registration District of T.Nagar SCHEDULE - B Flat No.9B/1 Super buildup area of 2240 sq.ft carpet area 1650 sq.ft in Ground Floor together with 510 Sq.ft. of undivided share of land out of Schedule A Property.
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
Union Bank of India, ARB, Chennai - BO
Auction type
DRT Auction
Borrower
M/s. H***** & M***** I***** T***** L** & 5 O*****
Auction start
04 Dec 2026, 11:00 AM
Auction end
04 Dec 2026, 12:00 PM
EMD submission deadline
02 Dec 2026, 05:00 PM
Inspection
16 Nov 2026, 11:00 AM – 16 Nov 2026, 03:00 PM
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
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Price Check

This listing's reserve price works out to ₹6,483 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,773 per sq ft, so this one is 4% 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 16 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹15,30,000 before 02 Dec 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 4 Dec 2026 starting above the reserve price, in multiples of ₹1,00,000.
  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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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