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Flat SARFAESI Auction Physical Possession

1,280 sq feet Flat for Auction in Gopalapram Chennai, Chennai – SBI

Gopalapram Chennai, Chennai, Tamil Nadu · Auction ID #111285

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Flat for auction in Gopalapram Chennai, Chennai – SBI – photo 1
Flat for auction in Gopalapram Chennai, Chennai – SBI – photo 2
Flat for auction in Gopalapram Chennai, Chennai – SBI – photo 3
Flat for auction in Gopalapram Chennai, Chennai – SBI – photo 4
Flat for auction in Gopalapram Chennai, Chennai – SBI – photo 5
Flat for auction in Gopalapram Chennai, Chennai – SBI – photo 6
Flat for auction in Gopalapram Chennai, Chennai – SBI – photo 7
Flat for auction in Gopalapram Chennai, Chennai – SBI – photo 8
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Reserve Price ₹3,10,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 17 Nov 2026, 11:00 AM In 2 days
EMD Last Date 17 Nov 2026, 03:59 PM In 2 days
Area1,280 sq feet
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Property Details

Property type
Flat (Residential)
Possession
Physical Possession
Area
1,280 sq feet (≈ 1,280 sq ft)
Reserve price / sq ft
₹24,219
Locality
Gopalapram Chennai
Pincode
600086
Address
GOPALAPRAM CHENNAI, Tamil Nadu, 600086 View on map

Description (as per sale notice)

Flat "S1" with 1621 Sq.ft., super built up area on second floor including car parking in the proposed construction with an 876 Sq.Ft. undivided share of land, OLD DOOR No.18, NEW DOOR No.10, [As per Document OLD DOOR No.8, NEW DOOR No.6] DAMODARAN STEET, now Gopalapuram, Chennai 600 086, comprised in OLD SURVEY No.3198, RE.SURVEY No.1294, BLOCK No.26 [As per Patta C.A No.451/2012 and TR/31/12-13] of Mylapore Village, Mylapore Taluk previously Mylapore Triplicane Taluk, Chennai District (Covered under Sale Deed Doc. No. 389 of 2019 dated 03.04.2019 & Construction Agreement Doc. No. 388 of 2019 dated 03.04.2019)

BAANKNET Property ID: SBIN20003249923
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Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SARB II CHENNAI-70674
Auction type
SARFAESI Auction
Borrower
M K*****
Auction start
17 Nov 2026, 11:00 AM
Auction end
17 Nov 2026, 04:00 PM
EMD submission deadline
17 Nov 2026, 03:59 PM
Inspection
10 Nov 2026, 11:00 AM – 10 Nov 2026, 04:00 PM
Authorised officer
R NANI KUMAR
Officer contact
9150414086
E-auction portal
BAANKNET (Property ID SBIN20003249923)
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Price Check

This listing's reserve price works out to ₹24,219 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,773 per sq ft, so this one is 258% 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 10 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID SBIN20003249923)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 17 Nov 2026, 03:59 PM. It is refunded if you don't win.
  5. Bid online on 17 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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