Commercial Building SARFAESI Auction Symbolic Possession

1,560 sq feet Commercial Building for Auction in Triplicane Chennai, Chennai – Canara

Triplicane Chennai, Chennai, Tamil Nadu · Auction ID #112563

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Commercial Building for auction in Triplicane Chennai, Chennai – Canara – photo 1
Commercial Building for auction in Triplicane Chennai, Chennai – Canara – photo 2
Commercial Building for auction in Triplicane Chennai, Chennai – Canara – photo 3
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Reserve Price ₹3,38,01,000 10% lower than previous auction (₹3.76 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 26 Nov 2026, 11:00 AM In 12 days
EMD Last Date 25 Nov 2026, 05:00 PM In 11 days
Area1,560 sq feet
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Area
1,560 sq feet (≈ 1,560 sq ft)
Reserve price / sq ft
₹21,667
Locality
Triplicane Chennai
Pincode
600005
Address
TRIPLICANE CHENNAI, Tamil Nadu, 600005 View on map

Description (as per sale notice)

All the ground and premises bearing No.228 (old No 403) Qaed-E-Millath Salai (Triplicane High Road), Triplicane, Chennai 600005 measuring an extent of 1560sq.ft together with building consists of Ground, first and second floor measuring an extent of 1560 sq.ft each totally measuring an extent of 4680 sq.ft comprised in O.S.No 590, R.S.No.676/3, Triplicane Village, Mylapore-Triplicane Taluk situated within the Sub Registrartion District of Triplicane and Registration District of Chennai Central. owned by Geetha Krishnan and Bounded : on the North by Premises No 229 Triplicane High Road On the South by Premises No 227 Triplicane High Road On the East by Triplicane High Road On the West by Masilamani Chettiar CERSAI ID : 400036932208

BAANKNET Property ID: CNRBVETRIPRINTS
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, CHENNAI-II
Auction type
SARFAESI Auction
Borrower
Mr. G***** K***** R*** by h** p**** of A***** H***** Mr. S***** K***** M/S V**** P***** M***** (*****
Auction start
26 Nov 2026, 11:00 AM
Auction end
26 Nov 2026, 12:00 PM
EMD submission deadline
25 Nov 2026, 05:00 PM
Inspection
23 Nov 2026, 11:11 AM – 23 Nov 2026, 04:00 PM
Authorised officer
N BABITHA VENUGOPAL
Officer contact
9740145622
E-auction portal
BAANKNET (Property ID CNRBVETRIPRINTS)
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Price Check

This listing's reserve price works out to ₹21,667 per sq ft. The average across commercial bank auctions in Chennai on our site is ₹9,127 per sq ft, so this one is 137% 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
26 Nov 2026₹3,38,01,000This auction
31 Oct 2026₹3,75,57,000View

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 23 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRBVETRIPRINTS)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 25 Nov 2026, 05:00 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.

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

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