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Flat SARFAESI Auction Symbolic Possession

982 sq feet Flat for Auction in Chennai – PNB

Chennai, Tamil Nadu · Auction ID #112577

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Flat for auction in Chennai – PNB – photo 1
Flat for auction in Chennai – PNB – photo 2
Flat for auction in Chennai – PNB – photo 3
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Reserve Price ₹51,16,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 20 Nov 2026, 11:00 AM In 6 days
EMD Last Date 20 Nov 2026, 03:59 PM In 6 days
Area982 sq feet
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Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
982 sq feet (≈ 982 sq ft)
Reserve price / sq ft
₹5,210
Locality
—
Pincode
600073
Address
Chennai, Tamil Nadu, 600073 View on map

Description (as per sale notice)

Schedule A Property: All that piece and and parcel of Flat No.S1, in the second floor, in “DGM LS NAVEEN” having a plinth area of 982 sq ft (which is inclusive of common area) Along with undivided share if land of 508 sq.ft out of the total extent of 6941 sq ft described in Schedule ‘B’ herein below. Item No.I All that piece and parcel of House Site, PlotNo.21B, East side admeasuring an extent of 1807 sq ft out of 3613 sq ft comprised in Survey No.288, New Survey nos.288/1A1A situated at Selaiyur Village, Srinivasa Nagar, Tambaram Taluk, Kanchipuram District

BAANKNET Property ID: PUNBB
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Bank & Auction Details

Branch
ARMB CHENNAI 361200
Auction type
SARFAESI Auction
Borrower
T A*****
Auction start
20 Nov 2026, 11:00 AM
Auction end
20 Nov 2026, 04:00 PM
EMD submission deadline
20 Nov 2026, 03:59 PM
Inspection
—
Authorised officer
MAREESKANNAN
Officer contact
9560103388
E-auction portal
BAANKNET (Property ID PUNBB)
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Price Check

This listing's reserve price works out to ₹5,210 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,799 per sq ft, so this one is 23% 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 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 PUNBB)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 20 Nov 2026, 03:59 PM. It is refunded if you don't win.
  5. Bid online on 20 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 Punjab National Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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