1,100 sq feet House for Auction in Perumalthangal Chennai, Mahindra World City, Chengalpattu – SBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

1,100 sq feet (≈ 1,100 sq ft)

Reserve price / sq ft

₹3,182

Locality

Perumalthangal Chennai, Mahindra World City

City

Chengalpattu

State

Tamil Nadu

Pincode

603204

Address

PERUMALTHANGAL CHENNAI, Mahindra World City, Tamil Nadu, 603204 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB I CHENNAI-05170

Auction type

SARFAESI Auction

Borrower

BHACKIYARAJ T*****

Auction start

17 Oct 2026, 10:00 AM

Auction end

17 Oct 2026, 04:00 PM

EMD submission deadline

17 Oct 2026, 02:00 PM

Inspection

09 Oct 2026, 11:00 AM – 09 Oct 2026, 01:00 PM

Authorised officer

RA MUTHUMARI NIVEDITA

Officer contact

8056144247

E-auction portal

BAANKNET (Property ID SBIN0200032371483)

Price Check

This listing's reserve price works out to ₹3,182 per sq ft. The average across residential bank auctions in Chengalpattu on our site is ₹4,450 per sq ft, so this one is 28% 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 9 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN0200032371483)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 17 Oct 2026, 02:00 PM. It is refunded if you don't win.
5. Bid online on 17 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.