Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609450
Bank Name:State Bank of India
Branch Name:Chennai
Reserve Price:₹45,86,400
EMD:₹4,58,640
Bid Increment:₹25,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
A residential flat located in the well-connected area of Kodambakkam, Chennai, Tamil Nadu. This property is being auctioned by the State Bank of India under SARFAESI Act. Ideal for individuals or families looking for a home in a prime urban location.
State:Tamil Nadu
City:Chennai
Area:Kodambakkam
Asset Category:Residential
Full Address:F-7, Subiksha Gokulam Apartments, Flat No. F7, Subiksha Gokulam Flats, No. 14/7, Athreyapuram, 1st Street, Choolaimedu, Chennai-600094, Kodambakkam, Chennai
Building/Society:Subiksha Gokulam Apartments
Size:560 sq.ft.
Auction Description
This is a SARFAESI auction conducted by the State Bank of India for a residential flat in Kodambakkam, Chennai. The auction will commence on 12-12-2025 at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price is ₹45,86,400, with an EMD of ₹4,58,640. Don't miss this opportunity to acquire a property in a desirable Chennai neighborhood.
Borrower Name:Ms. Sanjenaa
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property, a compact flat in Kodambakkam, Chennai, presents a calculated opportunity due to its relatively affordable reserve price. While not a prime investment, the location and residential nature offer potential for future appreciation. The symbolic possession status should be factored into the investment decision.
Contact Details
Branch:Branch Office : Chennai
Service Provider:BAANKNET
Contact Details:
Mrs. Umaa Gopal, Chief Manager
Contact no:9442649601
