Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

Residential Plot SARFAESI Auction Physical Possession

1,203 sq feet Residential Plot for Sale (Bank Auction) in Maraimalai Nagar, Chengalpattu – IDBI

Maraimalai Nagar, Chengalpattu, Tamil Nadu · Auction ID #54958

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Indicative Price ₹36,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area1,203 sq feet

Property Details

Property type
Residential Plot (Residential)
Possession
Physical Possession
Area
1,203 sq feet (≈ 1,203 sq ft)
Reserve price / sq ft
₹2,993
Locality
Maraimalai Nagar
Pincode
603203
Address
Maraimalai Nagar, Tamil Nadu, 603203 View on map

Description (as per sale notice)

BAANKNET Property ID: IBKL819388

Bank & Auction Details

Bank / Lender
IDBI Bank
Branch
Nandivaram - Guduvancheri
Auction type
SARFAESI Auction
Borrower
Shri S***** K**** R
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹2,993 per sq ft. The average across residential bank auctions in Chengalpattu on our site is ₹4,411 per sq ft, so this one is 32% 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 IBKL819388)), 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 IDBI Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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