564 sq feet Flat for Auction in Voc Nagar Muthiappan Streert George Town Chennai, Chennai – Canara

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

564 sq feet (≈ 564 sq ft)

Reserve price / sq ft

₹7,801

Locality

Voc Nagar Muthiappan Streert George Town Chennai

City

Chennai

State

Tamil Nadu

Pincode

600001

Address

VOC NAGAR MUTHIAPPAN STREERT GEORGE TOWN CHENNAI, Tamil Nadu, 600001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

CHENNAI TEYNAMPET-416

Auction type

SARFAESI Auction

Borrower

MCB B***** C** P***** L*****

Auction start

07 Oct 2026, 11:00 AM

Auction end

07 Oct 2026, 12:00 PM

EMD submission deadline

06 Oct 2026, 04:00 PM

Inspection

29 Sep 2026, 11:00 AM – 29 Sep 2026, 01:00 PM

Authorised officer

YUGANDHAR

Officer contact

9498346053

E-auction portal

BAANKNET (Property ID CNRBMCB002)

Price Check

This listing's reserve price works out to ₹7,801 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,859 per sq ft, so this one is 14% above 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 29 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRBMCB002)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 06 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 7 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.