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Flat SARFAESI Auction Symbolic Possession

2,550 sq feet Flat for Auction in Chennai – Canara

Chennai, Tamil Nadu · Auction ID #80236

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Flat photo 1
Reserve Price ₹45,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 21 Oct 2026, 11:30 AM In 21 days
EMD Last Date 21 Oct 2026, 10:00 AM In 21 days
Area2,550 sq feet

Property Details

Property type
Flat (Residential)
Possession
Symbolic Possession
Area
2,550 sq feet (≈ 2,550 sq ft)
Reserve price / sq ft
₹1,765
Locality
—
Pincode
600050
Address
Chennai, Tamil Nadu, 600050 View on map

Description (as per sale notice)

All that part and parcel of Flat having built up area measuring 820 sq.ft., as per Corporation Assessment Door No.442/4, Flat No.F3, in the first floor of the Apartment known as "ANANTA ASILO", together with 375 sq.ft. Undivided share in and out of the land measuring 2550 Sq.ft. bearing Plot no.442, Korattur Neighbourhood scheme, 16th street, T.N.H.B Periyar Nagar, Korattur, Chennai-600080, comprised in S.NO. 1250[part], Korattur village, Ambattur Taluk, Thiruvalluvar District, and situated within the Registration District of Central Chennai and bounded on the North by: Plot No.441 South by: Plot No.443 East by: 30 feet Road West by: Plot Nos. 448& b449 Measuring: On the East to West on the Northern Side: 60 feet 0 inches On the East to West on the Southern Side: 60 feet 0 inches On the North to South on the Eastern Side: 42 feet 6 inches On the North to South on the Western Side: 42 feet 6 inches In all admeasuring an extent of 2550 Sq.ft and situated within the Registration District of Central Chennai and Sub Registration District of Villivakkam.

BAANKNET Property ID: CNRB244208978BHUVA

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, CHENNAI-II
Auction type
SARFAESI Auction
Borrower
BHUVANESWARI A & A**** H
Auction start
21 Oct 2026, 11:30 AM
Auction end
21 Oct 2026, 12:30 PM
EMD submission deadline
21 Oct 2026, 10:00 AM
Inspection
15 Oct 2026, 11:00 AM – 15 Oct 2026, 04:00 PM
Authorised officer
VIJAY CHANDRA PRAKASH R
Officer contact
7401634632

Price Check

This listing's reserve price works out to ₹1,765 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,865 per sq ft, so this one is 74% 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 15 Oct 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB244208978BHUVA)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 21 Oct 2026, 10:00 AM. It is refunded if you don't win.
  5. Bid online on 21 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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