Flat for Auction Chettipunniyam Chennai 42.6 Lakh by Karnataka Bank 17 Jun 2026
Chettipunniyam, Chennai
Area: 1232 sq.ft
Royal Town, Chettipunniyam Village, Chengalpet Taluk, Kanchipuram District
Karnataka Bank · Asset Recovery Management Branch
Reserve price
₹42,65,000
EMD ₹4,26,500
Auction date
17 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1232 sq.ft
- ▸Locality: Chettipunniyam
- ▸Reserve: ₹42,65,000
- ▸EMD: ₹4,26,500
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Chettipunniyam |
| Built-up / plot area | 1232 sq.ft |
| Lender | Karnataka Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | H-4 |
| Building / society | Royal Town |
| Floor | 4th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Auctionbazaar |
About this property
Flat bank auction in Chettipunniyam, Chennai by Karnataka Bank — reserve price ₹42,65,000, 1232 sq.ft, Symbolic possession.
Secure a valuable investment opportunity with this bank auction property: a 2BHK residential flat in 'Royal Town,' Chettipunniyam, Chennai. This 1232 sq.ft flat, located on the 4th floor, includes common areas and covered car parking. The e-auction by Karnataka Bank offers a chance to acquire property in a developing area near Mahindra Bus Stop. Don't miss this chance to own a flat through bank auction property at a competitive reserve price. Check this property for sale in Chettipunniyam, offering convenient connectivity and potential appreciation.
GeoSquare note: Located in Chettipunniyam, Chennai, this 2BHK flat is offered at a reserve price of ₹42.65 Lakhs with symbolic possession. While the price is reasonable, the symbolic possession status and location slightly away from the city center impacts its immediate usability. Overall, it represents a fair investment opportunity for those looking for long-term value.
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