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.

Flat SARFAESI Auction Physical Possession

670 sq feet Flat for Sale (Bank Auction) in Chrompet, Chennai – SBI

Chrompet, Chennai, Tamil Nadu · Auction ID #55932

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Indicative Price ₹38,50,110
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area670 sq feet

Property Details

Property type
Flat (Residential)
Possession
Physical Possession
Area
670 sq feet (≈ 670 sq ft)
Reserve price / sq ft
₹5,746
Locality
Chrompet
Pincode
600044
Address
CHROMPET, Chennai, Tamil Nadu, 600044 View on map

Description (as per sale notice)

All that piece and parcel of property measuring to an extent of 2060 Sq. ft. of land( as per Document measuring 2178 sq.ft.,) bearing Item No. 7 in Muthamizh Street, Lakshmipuram, comprised in survey No. 358/1, & 358/1B, Patta No. 3753, as per patta new sub divided survey No. 358/17 of Thiruneermalai Village, Pallavaram Taluk, Kancheepuram District and situated within the Registration District of Chennai South and Sub-Registration District of Pammal. (Building Approved Planning Permit No.D56815, Office Lr No.361/2016, B.R No. 11/2017-2018, Dated-15.05.2017, issued by Member Secretary CMDA, Chennai – 600008). BOUNDED ON THE:- North by : Land in survey No.345, South By : Item No.8, East By :Land in Survey No.386 West By : Public Road (24 Feet Road) Measuring:- East to West on the Northern side : 41 Feet 6 inches East to West on the Southern side : 43 Feet North to South on the Eastern side : 48 Feet North to South on the Western side : 49 feet 6 inches In all admeasuring an extent of 2060 Sq.ft.(as per Document measuring 2178 Sq.ft.,). The property lies within the limits of Thiruneermalai Town Panchayat. SCHEDULE 'B' 425 Sq.ft. Undivided Share of land out of Schedule 'A' Property with plinth area 959 Sq.ft. including common area and common Wall and one covered car parking, including Electric Service Connection with Security Deposit, Attached Laterine, Bathroom and common share Sep-tic Tank, Borewell, Motor Connection, Compound Wall therein in resi-dential flat No. S1, Second Floor, in the premises known as “Deepika Homes”.

BAANKNET Property ID: SBIN42779

Bank & Auction Details

Bank / Lender
State Bank of India
Branch
MEDAVAKKAM-18394
Auction type
SARFAESI Auction
Borrower
SHALINI RK
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹5,746 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,847 per sq ft, so this one is 16% 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 SBIN42779)), 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 State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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