Flat SARFAESI Auction Physical Possession

684 sq feet Flat for Auction in Kattupakkam, Chennai – SBI

Kattupakkam, Chennai, Tamil Nadu · Auction ID #108282

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Flat for auction in Kattupakkam, Chennai – SBI – photo 1
Flat for auction in Kattupakkam, Chennai – SBI – photo 2
Flat for auction in Kattupakkam, Chennai – SBI – photo 3
Flat for auction in Kattupakkam, Chennai – SBI – photo 4
Flat for auction in Kattupakkam, Chennai – SBI – photo 5
Flat for auction in Kattupakkam, Chennai – SBI – photo 6
Flat for auction in Kattupakkam, Chennai – SBI – photo 7
Flat for auction in Kattupakkam, Chennai – SBI – photo 8
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Reserve Price ₹50,00,000 10.2% lower than previous auction (₹55.69 L)
EMD (Earnest Money)—
Bid Increment—
Auction Date 24 Nov 2026, 10:00 AM In 9 days
EMD Last Date 24 Nov 2026, 02:00 PM In 9 days
Area684 sq feet
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Property Details

Property type
Flat (Residential)
Possession
Physical Possession
Area
684 sq feet (≈ 684 sq ft)
Reserve price / sq ft
₹7,310
Locality
Kattupakkam
Pincode
600056
Address
KATTUPAKKAM, Chennai, Tamil Nadu, 600056 View on map

Description (as per sale notice)

2 BHK FLAT WITH ONE COVERED CAR PARKING

BAANKNET Property ID: SBIN200057313707
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Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SARB I CHENNAI-05170
Auction type
SARFAESI Auction
Borrower
LAKSHMANAN S
Auction start
24 Nov 2026, 10:00 AM
Auction end
24 Nov 2026, 04:00 PM
EMD submission deadline
24 Nov 2026, 02:00 PM
Inspection
16 Nov 2026, 11:00 AM – 16 Nov 2026, 02:00 PM
Authorised officer
GANAPATHY SUBRAMANIAN R
Officer contact
9486961972
E-auction portal
BAANKNET (Property ID SBIN200057313707)
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Price Check

This listing's reserve price works out to ₹7,310 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,773 per sq ft, so this one is 8% 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.

Previous Auctions of This Property

Auction dateReserve price
24 Nov 2026₹50,00,000This auction
07 Oct 2026₹55,69,000View

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 (BAANKNET (Property ID SBIN200057313707)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 24 Nov 2026, 02:00 PM. It is refunded if you don't win.
  5. Bid online on 24 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.

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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 State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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