1,530 sq ft Commercial Building for Auction in Chennai – Tata Capital

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

1,530 sq ft

Reserve price / sq ft

₹9,542

Locality

—

City

Chennai

State

Tamil Nadu

Pincode

600083

Address

Description of the Immovable Property: House and Ground bearing Old Door No. 31, New Door No. 67, Pillaiyar Koli Street, Jafferkhanpet, Chennai- 600083, comprised in Survey No. 343/3 and 343/3C as per document extent 1530 Sq.Ft as per Patta extent 1477 Sq.Ft, Land together with building Ground Floor and First Floor, Second Floor ACC sheet, where-as vendor constructed building thereon. Electricity Connection, Metro Water connection, Drainage Connection, Bore Well, Kodambakkam Village, Mamblam Taluk, Chennai District bounded on the North: Mr. K Arasu Plot and House, South: Pillaiyar Koli Street, East: Mr. K Arasu Plot and House, West: Mr. Chandran Plot and House, Measuring on the: East to West on the Northern Side 16 Feet, Southern Side-19 Feet, North to South on the Eastern Side - 84 Feet, Western Side-82 Feet, Situated within the Registration District of Chennai Central and Sub-Registration of Ashok Nagar. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tata Capital

Branch

Kodambakkam, Chennai

Auction type

SARFAESI Auction

Borrower

MRS. P***** P

Auction start

20 Nov 2026

Auction end

20 Nov 2026, 03:00 PM

EMD submission deadline

19 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 471230

Price Check

This listing's reserve price works out to ₹9,542 per sq ft. The average across commercial bank auctions in Chennai on our site is ₹9,127 per sq ft, so this one is 5% 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

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 (AuctionTiger · Auction ID 471230), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹14,60,000 before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price, in multiples of ₹10,000.
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.