616 sq feet Flat for Auction in Perumattunallur, Maraimalai Nagar, Chengalpattu – SBI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

616 sq feet (≈ 616 sq ft)

Reserve price / sq ft

₹5,844

Locality

Perumattunallur, Maraimalai Nagar

City

Chengalpattu

State

Tamil Nadu

Pincode

603202

Address

PERUMATTUNALLUR, Maraimalai Nagar, Tamil Nadu, 603202 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB I CHENNAI-05170

Auction type

SARFAESI Auction

Borrower

MUTHUKANI

Auction start

25 Nov 2026, 10:00 AM

Auction end

25 Nov 2026, 04:00 PM

EMD submission deadline

25 Nov 2026, 02:59 PM

Inspection

18 Nov 2026, 11:00 AM – 18 Nov 2026, 01:00 PM

Authorised officer

RA MUTHUMARI NIVEDITA

Officer contact

8056144247

E-auction portal

BAANKNET (Property ID SBINMUTHUKANI)

Price Check

This listing's reserve price works out to ₹5,844 per sq ft. The average across residential bank auctions in Chengalpattu on our site is ₹4,450 per sq ft, so this one is 31% 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 18 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBINMUTHUKANI)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 25 Nov 2026, 02:59 PM. It is refunded if you don't win.
5. Bid online on 25 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.