2,300 sq feet Residential Plot for Auction in Kancheepuram, Chennai – BOI

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

2,300 sq feet (≈ 2,300 sq ft)

Reserve price / sq ft

₹522

Locality

Kancheepuram

City

Chennai

State

Tamil Nadu

Pincode

602105

Address

Kancheepuram, Chennai, Tamil Nadu, 602105 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Bank of India

Branch

THIRUVALLUR-8058

Auction type

SARFAESI Auction

Borrower

Kalaivani M P

Auction start

27 Oct 2026, 11:00 AM

Auction end

27 Oct 2026, 05:00 PM

EMD submission deadline

27 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

JEGADHISAN

Officer contact

9150759084

E-auction portal

BAANKNET (Property ID BKIDCHEKALAIVANI)

Price Check

This listing's reserve price works out to ₹522 per sq ft. The average across residential bank auctions in Chennai on our site is ₹6,773 per sq ft, so this one is 92% 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 (BAANKNET (Property ID BKIDCHEKALAIVANI)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 27 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.