Flat for Auction Kilpauk Chennai 1.9 Crore by Indian Overseas Bank
Kilpauk, Chennai
Area: 1604 Sq.ft.
Flat No.C, 1st Block (Block-B), Arihant Shloka, New Door Nos.201,203,205 & 207, Old Door Nos.89,90,91 & 92, 7th Street, A K Swamy 1st Street, Secretariat Colony, Kilpauk, Puraswalkam Village, Perambur-Purasawalkam Taluk, Chennai District.
Indian Overseas Bank · Asset Recovery Management Branch
Reserve price
₹1,94,75,000
EMD ₹19,47,500
Auction date
20 Jul 2026, 10:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1604 Sq.ft.
- ▸Locality: Kilpauk
- ▸Reserve: ₹1,94,75,000
- ▸EMD: ₹19,47,500
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Kilpauk |
| Built-up / plot area | 1604 Sq.ft. |
| Lender | Indian Overseas Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | Flat No. C |
| Building / society | Arihant Shloka |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Kilpauk, Chennai by Indian Overseas Bank — reserve price ₹1,94,75,000, 1604 Sq.ft., Symbolic possession.
Discover a prime residential bank auction property: a spacious 1604 Sq.ft. flat, Flat No. C, on the Second Floor of 'Arihant Shloka' in the well-connected Kilpauk area of Chennai. Offered by Indian Overseas Bank, this property presents an excellent investment opportunity with a reserve price of ₹1.94 Crore and EMD of ₹19.47 Lakh. The e-auction is scheduled for July 20, 2026, from 10:30 AM to 12:30 PM. Ideal for those seeking a residential flat for sale in Chennai, this property is available on an 'as is where is' basis, ensuring a transparent buying process for serious investors.
GeoSquare note: This 1604 Sq.ft. residential flat in Arihant Shloka, Kilpauk, Chennai, offers a significant investment opportunity due to its desirable location and substantial size. While possession is symbolic, the reserve price of ₹1.94 Crore is competitive for a property of this type in a well-regarded Chennai locality. The property holds strong potential for appreciation and rental income, making it a recommended 'Strong Buy'.
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