315 sq ft Land & Building for Auction in Chennai – Union Bank

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

315 sq ft

Reserve price / sq ft

₹23,244

Locality

—

City

Chennai

State

Tamil Nadu

Pincode

600040

Address

All that piece and parcel of land and building bearing a shop situated at NO. 30, 1st Floor, C-47 at Anna Nagar Plaza, 2nd Avenue Chennai - 600 040 admeasuring 315 Sq.ft. together with an undivided interest in the land and building comprised in S. No. 40 Part, Block No.1A, Naduvankkarai Village, Anna Nagar, situated within the Registration District of Anna Nagar, Registration District of Chennai Central". View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Union Bank of India

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

30 Sep 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 463668

Price Check

This listing's reserve price works out to ₹23,244 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,859 per sq ft, so this one is 239% 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 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 463668), 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 30 Sep 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.