Flat for Auction Madambakkam Village Kundrathur Taluk Kanchipuram 36 Lakh by Indian Overseas Bank 29 Jun 2026
Madambakkam Village, Kundrathur Taluk, Kanchipuram
Area: 1050 sq. ft.
Flat No.F1, First Floor, Plot No.22 & 23, Karthik Nagar Extension-1, Madambakkam Village, Kundrathur Taluk, Kancheepuram-603 202
Indian Overseas Bank · VIRUGAMBAKKAM BRANCH
Reserve price
₹36,00,000
EMD ₹3,60,000
Auction date
29 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1050 sq. ft.
- ▸Locality: Madambakkam Village, Kundrathur Taluk
- ▸Reserve: ₹36,00,000
- ▸EMD: ₹3,60,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Madambakkam Village, Kundrathur Taluk |
| Built-up / plot area | 1050 sq. ft. |
| Lender | Indian Overseas Bank |
| Branch | VIRUGAMBAKKAM BRANCH |
| Unit / flat no. | F1 |
| Building / society | Karthick Nagar Extension-1 |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Madambakkam Village, Kundrathur Taluk, Kanchipuram by Indian Overseas Bank — reserve price ₹36,00,000, 1050 sq. ft., Symbolic possession.
Discover a prime residential bank auction property: a spacious 1050 Sq.ft. flat, Flat No. F1 on the First Floor, located in the well-regarded Karthick Nagar Extension-1, Madambakkam Village, Kundrathur Taluk, Kancheepuram. This bank auction property offers a covered car parking space and an undivided share of land. Situated in a growing locality with excellent investment potential, this property is ideal for both end-users and investors. The reserve price is ₹36,00,000 with an EMD of ₹3,60,000. The e-auction is scheduled for June 29, 2026, with property inspection available from June 11 to June 25, 2026. This is a symbolic possession property with no known encumbrances, presenting a strong opportunity for prospective buyers.
GeoSquare note: This residential flat offers good value in the developing Kundrathur Taluk, Kancheepuram. With a reasonable reserve price and clear property details including a covered car park, it presents a strong buying opportunity for both end-users and investors. While possession is symbolic, the clear title and absence of known encumbrances reduce risk. The area's growth potential adds to its long-term investment appeal.
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