Flat for Auction Choolaimedu Egmore Chennai 1.9 Crore by Canara Bank 30 Jun 2026
Choolaimedu, Egmore, Chennai
Area: 2750.0 Sq Ft
Flat Bearing Nos A & B, Ground Floor, Plot No. 9, Door No 205, Periyar Pathai, Choolaimedu, Chennai-600094
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH-I
Reserve price
₹1,91,00,000
EMD ₹19,10,000
Auction date
30 Jun 2026, 10:30 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 2750.0 Sq Ft
- ▸Locality: Choolaimedu, Egmore
- ▸Reserve: ₹1,91,00,000
- ▸EMD: ₹19,10,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Choolaimedu, Egmore |
| Built-up / plot area | 2750.0 Sq Ft |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH-I |
| Unit / flat no. | Flat Bearing Nos A & B, Plot No. 9 |
| Building / society | Lord Balaji Apartments |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Choolaimedu, Egmore, Chennai by Canara Bank — reserve price ₹1,91,00,000, 2750.0 Sq Ft, Physical possession.
Seize a prime investment opportunity with this Canara Bank e-auction for a residential flat in the sought-after Egmore area of Chennai. Located on the ground floor of 'Lord Balaji Apartments' at Plot No. 9, Door No 205, Periyar Pathai, Choolaimedu, Chennai-600094, this spacious flat measures 2750 Sq Ft (Plinth Area) and includes an undivided share of land of 1565 Sq Ft. The property enjoys physical possession, offering a straightforward acquisition. The bank auction is scheduled for June 30, 2026, with a competitive reserve price of ₹1.91 Crores and an EMD of ₹19.10 Lakhs. Property inspection is available on June 25, 2026. This well-located bank auction property presents a strong potential for capital appreciation in a prime Chennai locality.
GeoSquare note: This property scores high due to its prime residential location in Egmore, Chennai, a highly desirable area. The flat is notably spacious at 2750 Sq Ft and is on the convenient Ground Floor of 'Lord Balaji Apartments'. A significant advantage is the 'Physical Possession' status, reducing buyer risk and expediting handover. With a reserve price of ₹1.91 Crores for such a large unit in a prime locality, it offers excellent investment potential.
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