1,530 sq ft Commercial Building for Auction in Chennai – Tata Capital

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

1,530 sq ft

Reserve price / sq ft

₹10,654

Locality

—

City

Chennai

State

Tamil Nadu

Pincode

600083

Address

House and Ground bearing Old Door No. 31, New Door No. 67, Pillaiyar Koli Street, Jafferkhanpet, Chennai- 600083, comprised in Survey No. 343/3 and 343/3C as per document extent 1530 Sq.Ft as per Patta extent 1477 Sq.Ft, Land together with building Ground Floor and First Floor, Second Floor ACC sheet, whereas vendor constructed building thereon. Electricity Connection, Metro Water connection, Drainage Connection, Bore Well, Kodambakkam Village, Mamblam Taluk, Chennai District bounded on the North: Mr. K Arasu Plot and House, South: Pillaiyar Koli Street, East: Mr. K Arasu Plot and House, West: Mr. Chandran Plot and House, Measuring on the: East to West on the Northern Side 16 Feet, Southern Side 19 Feet, North to South on the Eastern Side 84 Feet ,Western Side 82 Feet Situated within the Registration District of Chennai Central and Sub-Registration of Ashok Nagar View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Tata Capital

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

22 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 464004

Price Check

This listing's reserve price works out to ₹10,654 per sq ft. The average across commercial bank auctions in Chennai on our site is ₹10,955 per sq ft, so this one is 3% 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 (AuctionTiger · Auction ID 464004), 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 22 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.