House SARFAESI Auction Symbolic Possession

2,855 sq feet House for Auction in Vepery, Chennai – Canara

Vepery, Chennai, Tamil Nadu · Auction ID #6066

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Reserve Price ₹3,57,39,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 13 Oct 2026, 11:00 AM In 13 days
EMD Last Date 12 Oct 2026, 05:00 PM In 12 days
Area2,855 sq feet

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
2,855 sq feet (≈ 2,855 sq ft)
Reserve price / sq ft
₹12,518
Locality
Vepery
Pincode
600003
Address
VEPERY, Chennai, Tamil Nadu, 600003 View on map

Description (as per sale notice)

All that piece and parcel of house, ground and premises bearing New Door No.37, Old No.21, Varasidhi Vinayagar koil Street (VVKoil street), Vepery, Chennai - 600003, comprised in R.S.No.246, O.S.No.610 part, CC No.3678/A measuring an extent of 1 ground and 455 sq.ft. or thereabounts and bounded on the - North by : S.T. Abdul Suhur Saheb's house, South by : Anjaneya Temple, East by : Varasidhi Vinayagar Koil Street, West by : Kota Munirathinam Chetty's house, Situated within Registration Sub District of Periamet and Registration District of Chennai Central.

BAANKNET Property ID: CNRB73043417JBLEATHER01

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, CHENNAI-II
Auction type
SARFAESI Auction
Borrower
ZAKIR H*****
Auction start
13 Oct 2026, 11:00 AM
Auction end
13 Oct 2026, 12:00 PM
EMD submission deadline
12 Oct 2026, 05:00 PM
Inspection
08 Oct 2026, 11:00 AM – 08 Oct 2026, 04:00 PM
Authorised officer
N BABITHA VENUGOPAL
Officer contact
9740145622

Price Check

This listing's reserve price works out to ₹12,518 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,859 per sq ft, so this one is 83% 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 8 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB73043417JBLEATHER01)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 12 Oct 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 13 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.

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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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