Flat for Auction Jafferkhanpet Chennai 68 Lakh by Canara Bank

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• ▸Area: 635.0 sqft
• ▸Locality: Jafferkhanpet
• ▸Reserve: ₹68,00,000
• ▸EMD: ₹6,80,000

About this property

Flat bank auction in Jafferkhanpet, Chennai by Canara Bank — reserve price ₹68,00,000, 635.0 sqft.

Invest in a prime residential flat at M.C. Flats, Jafferkhanpet, Chennai, offered through Canara Bank's e-auction. This desirable ground-floor Flat No.2 boasts a plinth area of 635 sqft. The property also includes an 18% undivided share in two land parcels (Item No.1 and Item No.2 of Schedule A), significantly enhancing its overall appeal and value. Situated in the well-connected Annai Sivagami Block, Anjugam Nagar III Street, this bank auction property presents an excellent opportunity for prospective homeowners or savvy investors in the Chennai real estate market. With a competitive reserve price of ₹68,00,000 and an EMD of ₹6,80,000, interested parties can inspect the property on July 17, 2026, before the e-auction on July 22, 2026. Buyers are advised to conduct due diligence as the property is sold on an 'as is where is' basis.

GeoSquare note: This residential flat in Jafferkhanpet, Chennai, is a strong investment due to its desirable location in a developed urban area. The property includes a 635 sqft ground-floor flat coupled with an 18% undivided land share, offering good value. The reserve price of ₹68,00,000 is competitive for the Chennai market. While buyers must account for the 'as is where is' condition, the overall features make it a promising bank auction opportunity.