Flat for Auction Kolathur Ayanavaram Chennai 66 Lakh by Indian Bank
Kolathur, Ayanavaram, Chennai
Area: 1150.0 Sq. ft.
Flat No.T-1, Third Floor, Mayuri Sun Shine, Plot No. 1, Balaji Nagar Kolathur, Chennai-600 009
Indian Bank · SELAIYUR BRANCH
Reserve price
₹66,00,000
EMD ₹6,60,000
Auction date
18 Jul 2026, 10:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 1150.0 Sq. ft.
- ▸Locality: Kolathur, Ayanavaram
- ▸Reserve: ₹66,00,000
- ▸EMD: ₹6,60,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Kolathur, Ayanavaram |
| Built-up / plot area | 1150.0 Sq. ft. |
| Lender | Indian Bank |
| Branch | SELAIYUR BRANCH |
| Unit / flat no. | Flat No.T-1 |
| Building / society | Mayuri Sun Shine |
| Floor | Third Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Kolathur, Ayanavaram, Chennai by Indian Bank — reserve price ₹66,00,000, 1150.0 Sq. ft., Physical possession.
Secure a valuable bank auction property: a 2-bedroom flat (1150 Sq.ft. super built-up area) with a 450 Sq.ft. Undivided Share (UDS) of land and covered car parking at 'Mayuri Sun Shine', Flat No.T-1, Third Floor. Located in Balaji Nagar, Kolathur, Ayanavaram Taluk, Chennai District, within the limits of Chennai Corporation (Pin-600009), this residential property offers a prime investment opportunity. The e-auction by Indian Bank (Selaiyur Branch) features a reserve price of ₹66,00,000 and requires an EMD of ₹6,60,000. With physical possession and no prior encumbrances, it's an attractive option. Property inspection is available on 13th-14th July 2026, and the auction is scheduled for 18th July 2026. Don't miss this opportunity to buy a flat in Chennai through bank auction.
GeoSquare note: This 2BHK flat in Kolathur, Ayanavaram, Chennai, presents a strong investment opportunity. Its location in a major metropolitan area, coupled with physical possession and 'Nil' encumbrances, significantly enhances its appeal and reduces buyer risk. The property's size (1150 Sq.ft.) and amenities like covered car parking make the ₹66,00,000 reserve price competitive for a bank auction property in Chennai.
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