Flat for Auction Kolathur Village Vandalur Chennai 45 Lakh by Bank of India 25 Jun 2026
Kolathur Village, Vandalur, Chennai
Area: 980 Sq.ft.
Flat No.S1, Second Floor, Top Town Layout, Plot No.3, Kolathur Village, Vandalur Taluk, Chengalpet District
Bank of India · CHENNAI ASSET RECOVERY BRANCH
Reserve price
₹45,00,000
EMD ₹4,50,000
Auction date
25 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 980 Sq.ft.
- ▸Locality: Kolathur Village, Vandalur
- ▸Reserve: ₹45,00,000
- ▸EMD: ₹4,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Kolathur Village, Vandalur |
| Built-up / plot area | 980 Sq.ft. |
| Lender | Bank of India |
| Branch | CHENNAI ASSET RECOVERY BRANCH |
| Unit / flat no. | Flat No.S1 |
| Building / society | Top Town |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Kolathur Village, Vandalur, Chennai by Bank of India — reserve price ₹45,00,000, 980 Sq.ft., Symbolic possession.
Discover a promising bank auction property: a 2BHK flat (Flat No.S1) spanning 980 Sq.ft. on the Second Floor in the 'Top Town' layout, Kolathur Village, Vandalur, Chengalpet District, Chennai. This residential flat offers an excellent opportunity for home seekers or investors to acquire a property in a developing area. The reserve price is ₹45,00,000 with an EMD of ₹4,50,000 and a bid increment of ₹50,000. The e-auction is scheduled for June 25, 2026, with property inspection on June 18, 2026. This bank auction property in Vandalur presents a valuable chance to own a home in Chennai's expanding metropolitan region.
GeoSquare note: This residential flat in Vandalur, a part of the Chennai Metropolitan Area, offers a decent opportunity. While possession is symbolic, the location is developing, and the property type (flat) is generally in demand. The reserve price appears competitive for the area and size, making it a strong buy for long-term appreciation despite the symbolic possession status.
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