Representative illustration — Flat bank auction in Chettipunniyam
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Fair Option

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

PossessionSymbolic
Property typeFlat · Residential
LocalityChettipunniyam
Built-up / plot area1232 sq.ft
LenderKarnataka Bank
BranchAsset Recovery Management Branch
Unit / flat no.H-4
Building / societyRoyal Town
Floor4th Floor
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerAuctionbazaar

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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