Flat for Auction Mahalakshmi Nagar Koilpadagai Village Tiruvallur 35.9 Lakh by Indian Overseas Bank 29 Jun 2026
Mahalakshmi Nagar, Koilpadagai Village, Tiruvallur
Area: 1072 Sqft
Flat No F1, First Floor, Plot No. 9A & 98, Mahalakshmi Nagar, No 12, Koilpadagai Village, Ward C, Block 23, Avadi Township, Avadi Taluk, Tiruvallur District, Registration District of North Chennai, Sub Registration District of Ambattur, Pin-600062.
Indian Overseas Bank · VIRUGAMBAKKAM BRANCH
Reserve price
₹35,85,000
EMD ₹3,58,500
Auction date
29 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 1072 Sqft
- ▸Locality: Mahalakshmi Nagar, Koilpadagai Village
- ▸Reserve: ₹35,85,000
- ▸EMD: ₹3,58,500
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Mahalakshmi Nagar, Koilpadagai Village |
| Built-up / plot area | 1072 Sqft |
| Lender | Indian Overseas Bank |
| Branch | VIRUGAMBAKKAM BRANCH |
| Unit / flat no. | Flat No F1 |
| Building / society | Mahalakshmi Nagar |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Mahalakshmi Nagar, Koilpadagai Village, Tiruvallur by Indian Overseas Bank — reserve price ₹35,85,000, 1072 Sqft, Physical possession.
Discover a prime residential flat for sale via bank auction by Indian Overseas Bank in the rapidly developing Avadi Township. This first-floor flat, Flat No F1, boasts a super built-up area of 1072 Sqft and is located in the well-planned Mahalakshmi Nagar layout within Koilpadagai Village, Avadi Taluk, Tiruvallur District, Pin-600062. The property includes an undivided share of land at Plot No. 9A and 98, making it a valuable asset. Offered at a competitive reserve price of ₹35.85 Lakhs, with a bid increment of ₹50,000, this bank auction property presents an excellent investment opportunity for homebuyers and investors looking for a residential flat in the North Chennai region. The auction date is 29.06.2026, with property inspection available from 11.06.2026 to 25.06.2026.
GeoSquare note: This residential flat in Mahalakshmi Nagar, Avadi, Tiruvallur, offers a strong investment opportunity with a competitive reserve price of ₹35.85 Lakhs. The property boasts a decent super built-up area of 1072 Sqft and benefits from a clear physical possession status and no known encumbrances, making it a relatively secure purchase. Its location in a developing township like Avadi further enhances its long-term appreciation potential for residential buyers.
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