Flat for Auction Madhavi Nagar Kayarambedu Kanchipuram 42.4 Lakh by Indian Overseas Bank
Madhavi Nagar, Kayarambedu, Kanchipuram
Area: 1050 sq. ft.
Plot No.37, Madhavi Nagar, Kayarambedu Village, Chengalpet Taluk, Kancheepuram District
Indian Overseas Bank · ADYAR BRANCH
Reserve price
₹42,37,000
EMD ₹4,24,000
Auction date
07 Aug 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Area: 1050 sq. ft.
- ▸Locality: Madhavi Nagar, Kayarambedu
- ▸Reserve: ₹42,37,000
- ▸EMD: ₹4,24,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Madhavi Nagar, Kayarambedu |
| Built-up / plot area | 1050 sq. ft. |
| Lender | Indian Overseas Bank |
| Branch | ADYAR BRANCH |
| Unit / flat no. | Flat No.S-2 |
| Building / society | Madhavi Nagar |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Madhavi Nagar, Kayarambedu, Kanchipuram by Indian Overseas Bank — reserve price ₹42,37,000, 1050 sq. ft., Symbolic possession.
Invest in this prime residential bank auction property located in Madhavi Nagar, Kayarambedu, Chengalpet. This bank auction flat is situated on the second floor with a super built-up area of 1050 sq. ft., offering a great opportunity for homebuyers and investors. The property is conveniently located in the Kancheepuram district with well-defined boundaries. Indian Overseas Bank is conducting this e-auction on 07.08.2026 with a reserve price of ₹42,37,000. This is a secure investment opportunity for those looking for residential real estate in the developing outskirts of Chennai. Ensure timely submission of your EMD by 07.08.2026 to participate in the bidding process. Don't miss out on this property in the Registration District of Chengalpattu.
GeoSquare note: This property is located in an established residential pocket of Chengalpet, making it a viable option for end-users seeking affordable housing. The price point is competitive for a 1050 sq. ft. unit; however, buyers should note the 'Symbolic' possession status which requires due diligence regarding the actual handover process. Overall, it represents a strong investment opportunity for those familiar with the local Kancheepuram property market.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.
Browse more auctions in Kanchipuram
Top areas
By property type
Top banks
Not in Kanchipuram? Browse auction & news alerts for other cities