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Office Bank Auction Symbolic Possession

2,215 sq ft Office for Auction in Chennai, Chennai – Canara

Chennai, Chennai, Tamil Nadu · Auction ID #80250

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Office photo 1 Office photo 2
Reserve Price ₹93,00,000
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
Area2,215 sq ft

Property Details

Property type
Office (Commercial)
Possession
Symbolic Possession
Area
2,215 sq ft (≈ 2,215 sq ft)
Reserve price / sq ft
₹4,199
Locality
Chennai
Pincode
600015
Address
CHENNAI, Tamil Nadu, 600015 View on map

Description (as per sale notice)

Details of Property: Property 1: All that piece and parcel of Land in part of Old Door No.14, New Door No.17 and Old Door No.15, New Door NO.19, Lourdudoss Grotto Road, Saidapet, Chennai – 600015 comprised in T.S No.18 & 21 of Block No.2 of Venkatapuram Village, Now Guindy Taluk, Chennai District measuring 350/5477th undivided share in the lands of extent of 10953-1/2 square feet (I.e 700 square feet), together with basement floor in the building known as ‘SPAMOUNT” having a built up area of 2215 square feet (including common areas) and being Bounded on the North by : New Door No.16 and New Door NO.20 Lourdudoss Grotto Road ; South by : Lourdudoss Grotto Road ; East by : Old Door No.15. New Door NO.19, Lourdudoss Grotto Road ; West by : Old Door No.14, New Door No.17 and 18, Lourdudoss Grotto Road. Situated within the registration district of South Chennai and Sub-registration district of Adayar as per corporation revenue record New No.99/2, Old No.17/1A, LDG Road , Little Mount, Chennai – 600015.

BAANKNET Property ID: CNRB302031486QURAPROP1

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
SPECIALIZED ARM BRANCH, CHENNAI-II
Auction type
Bank Auction
Borrower
QURA H***** C*** D***** L** P***** L*****
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 ₹4,199 per sq ft. The average across commercial bank auctions in Chennai on our site is ₹10,955 per sq ft, so this one is 62% 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 CNRB302031486QURAPROP1)), 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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