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Flat SARFAESI Auction Symbolic Possession

685 sq feet Flat for Sale (Bank Auction) in Mannivakkam, Chennai – Canara

Mannivakkam, Chennai, Tamil Nadu · Auction ID #53801

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Flat photo 1 Flat photo 2 Flat photo 3
Indicative Price ₹33,75,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area685 sq feet

Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
685 sq feet (≈ 685 sq ft)
Reserve price / sq ft
₹4,927
Locality
Mannivakkam
Pincode
600048
Address
MANNIVAKKAM, Chennai, Tamil Nadu, 600048 View on map

Description (as per sale notice)

All that piece and parcel of vacant lands admeasuring an total extent of 8 acres 55 cents comprised in S.Nos 233/1, 233/2B Part, 283/1, 233/2A Part, 234/1A situated at Mannivakkam village, Vandalur Taluk, Chengalpet District. An UDS of land 440. Sq.ft , Apartment No.B 408, in the fourth floor in ASPEN Block in the proposed residential complex known as “ADHINATH SHANTHINIKETAN” apartment measuring a super built up area of 857 sq.ft inclusive of share in common areas and an exclusive right to park a vehicle in One covered car parking space A-30 and common amenities lying within the sub registration district of Guduvancherry and Registration District of Chennai South. Bounded on the North by: Property comprised in Survey No.227 (Part),284. South by: Property comprised in Survey No. 234/1B, 283/2. East by: Road widening area comprised in Survey No. 283/1 (Part) and the existing Panchayat Road. West by: Property comprised in Survey No.227

BAANKNET Property ID: CNRB306626015

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
CHENNAI SPECIALISED ARM BRANCH
Auction type
SARFAESI Auction
Borrower
SUNITHA S*****
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹4,927 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,865 per sq ft, so this one is 28% 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 CNRB306626015)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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.

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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