1,124 sq feet Flat for Auction in Chennai – BOB

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

1,124 sq feet (≈ 1,124 sq ft)

Reserve price / sq ft

₹13,879

Locality

—

City

Chennai

State

Tamil Nadu

Pincode

600050

Address

Chennai, Tamil Nadu, 600050 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of Baroda

Branch

EGMORE - 1273

Auction type

SARFAESI Auction

Borrower

SURYA P***** L****

Auction start

19 Nov 2026, 02:00 PM

Auction end

19 Nov 2026, 06:00 PM

EMD submission deadline

19 Nov 2026, 06:00 PM

Inspection

—

Authorised officer

SUMESH J V

Officer contact

8547915517

E-auction portal

BAANKNET (Property ID BARBLOHIA)

Price Check

This listing's reserve price works out to ₹13,879 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,773 per sq ft, so this one is 105% above 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID BARBLOHIA)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 19 Nov 2026, 06:00 PM. It is refunded if you don't win.
5. Bid online on 19 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.