Flat for Auction Kayarambedu Village Rajiv Nagar Chennai 45.2 Lakh by Karnataka Bank 17 Jun 2026
Kayarambedu Village, Rajiv Nagar, Chennai
Area: 1080 Sq.ft.
Kayarambedu Village, Rajiv Nagar, comprised in Survey No.448/4 (Old Survey No.370/3C23) bearing Patta No.4673, as per Pattta S No. 448/17, bearing Plot No. 16
Karnataka Bank · Asset Recovery Management Branch
Reserve price
₹45,20,000
EMD ₹4,52,000
Auction date
17 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1080 Sq.ft.
- ▸Locality: Kayarambedu Village, Rajiv Nagar
- ▸Reserve: ₹45,20,000
- ▸EMD: ₹4,52,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Kayarambedu Village, Rajiv Nagar |
| Built-up / plot area | 1080 Sq.ft. |
| Lender | Karnataka Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | F-2 |
| Building / society | i5 Homes |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Auctionbazaar |
About this property
Flat bank auction in Kayarambedu Village, Rajiv Nagar, Chennai by Karnataka Bank — reserve price ₹45,20,000, 1080 Sq.ft., Symbolic possession.
Secure a fantastic investment opportunity with this bank auction property in Chengalpet, Chennai! This residential flat, located in the 'i5 Homes' project, features 1080 sq.ft of living space on the 1st floor. Located in Kayarambedu Village near Medopharm pharmaceutical Company, this property offers both convenience and potential for appreciation. With a reserve price of ₹4,520,000 and EMD of ₹452,000, this Chennai bank auction is a deal you don't want to miss. Participate in the e-auction on 17.06.2026 and make this property yours!
GeoSquare note: The flat offers a decent living space in a developing area of Chengalpet, Chennai. The price is relatively competitive for the area, and it has covered car parking which is a plus. However, the symbolic possession status and location slightly away from the city center reduce its overall appeal, making it a fair but not exceptional investment.
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