Flat for Auction Avadi Chennai 15 Lakh by Bank of India 09 Jun 2026
Avadi, Chennai
Area: 572 Sq. Ft
Flat no. F2, No.5 Kumaran street, Nandavana mettur, Vizhinjlyampakkam, Avadi, Chennai-600071
Bank of India · CHENNAI ASSET RECOVERY DEPARTMENT
Reserve price
₹15,00,000
EMD ₹1,50,000
Auction date
09 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 572 Sq. Ft
- ▸Locality: Avadi
- ▸Reserve: ₹15,00,000
- ▸EMD: ₹1,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Avadi |
| Built-up / plot area | 572 Sq. Ft |
| Lender | Bank of India |
| Branch | CHENNAI ASSET RECOVERY DEPARTMENT |
| Unit / flat no. | F2 |
| Floor | First |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Avadi, Chennai by Bank of India — reserve price ₹15,00,000, 572 Sq. Ft, Symbolic possession.
Bank auction property! This residential flat, measuring 572 Sq. Ft, is located in Avadi, Chennai. The property is situated on the first floor of a residential building at No.5 Kumaran street, Nandavana mettur, Vizhinjlyampakkam. The auction, conducted by Bank of India, has a reserve price of ₹1500000. The EMD is set at ₹150000, with the e-auction scheduled for 2026-06-09. Don't miss this opportunity to acquire a flat in a prime location through a bank auction. Inspection available on 2026-06-06.
GeoSquare note: The property is a small flat in Avadi, Chennai, with a relatively low reserve price, making it accessible for some investors. However, the symbolic possession status and the lack of specific authorized officer contact details reduce its investment appeal. Given its location and size, it presents a fair investment opportunity but requires thorough due diligence.
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