Flat for Sale (Bank Auction) in Chennai, Chennai – Union Bank

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Locality

Chennai

City

Chennai

State

Tamil Nadu

Pincode

600116

Address

Chennai, Tamil Nadu, 600116 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Union Bank of India

Branch

ASSET RECOVERY BRANCH, VISAKHAPATNAM-817295

Auction type

SARFAESI Auction

Borrower

M/s S***** L*** S*****

Auction start

—

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

BAANKNET (Property ID UBINVSKARB0346I)

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 UBINVSKARB0346I)), 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.