Flat for Auction Madambakkam Chennai 34.9 Lakh by Indian Bank
Madambakkam, Chennai
Area: 998 sq. ft.
Flat No.F1, 1st Floor, Plot No.46A & 46B, Gandhiji Nagar, Madambakkam Village & Panchayat, Guduvanchery Taluk, Chengalpattu District - 603 202
Indian Bank · PADAPPAI BRANCH
Reserve price
₹34,86,000
EMD ₹3,48,000
Auction date
27 Jul 2026, 10:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 998 sq. ft.
- ▸Locality: Madambakkam
- ▸Reserve: ₹34,86,000
- ▸EMD: ₹3,48,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Madambakkam |
| Built-up / plot area | 998 sq. ft. |
| Lender | Indian Bank |
| Branch | PADAPPAI BRANCH |
| Unit / flat no. | Flat No.F1 |
| Building / society | Plot No.46A & 46B |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Madambakkam, Chennai by Indian Bank — reserve price ₹34,86,000, 998 sq. ft., Physical possession.
Explore this prime bank auction property in Madambakkam, Chennai. This residential flat, located at Flat No. F1, 1st Floor, Plot No. 46A & 46B, Gandhiji Nagar, offers a total area of 998 sq. ft. and 358 sq. ft. UDS. Being sold by Indian Bank, Padappai Branch, the property is available with Physical possession, ensuring a secure acquisition. This bank auction property is an excellent opportunity for homebuyers and investors looking for affordable real estate in Chengalpattu District. The reserve price is set at ₹34,86,000 with an EMD of ₹3,48,000. Don't miss this chance to invest in a well-located residential flat. Participate in the e-auction on 27th July 2026. Contact the bank for further details regarding this residential flat for sale.
GeoSquare note: This property is a strong investment choice due to its Physical possession status and clear legal title (Nil encumbrances). Located in the growing residential hub of Madambakkam, Chennai, it offers significant value for a 998 sq. ft. flat at a competitive reserve price of ₹34.86 Lakhs.
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