850 sq feet Flat for Auction in Urapakkam, Chennai – SBI

Property Details

Property type

Flat (Residential)

Possession

Physical Possession

Area

850 sq feet (≈ 850 sq ft)

Reserve price / sq ft

₹5,400

Locality

Urapakkam

City

Chennai

State

Tamil Nadu

Pincode

603210

Address

Urapakkam, Chennai, Tamil Nadu, 603210 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

DIVYA J**** M***** N***

Auction start

10 Oct 2026, 10:00 AM

Auction end

10 Oct 2026, 04:00 PM

EMD submission deadline

10 Oct 2026, 02:00 PM

Inspection

28 Sep 2026, 11:00 AM – 28 Sep 2026, 02:00 PM

Authorised officer

GANAPATHY SUBRAMANIAN R

Officer contact

9486961972

E-auction portal

BAANKNET (Property ID SBIN200059766344)

Price Check

This listing's reserve price works out to ₹5,400 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,773 per sq ft, so this one is 20% 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 28 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200059766344)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 10 Oct 2026, 02:00 PM. It is refunded if you don't win.
5. Bid online on 10 Oct 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.