Representative illustration — Flat bank auction in Mahalakshmi Nagar, Noombal
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

Flat for Auction Mahalakshmi Nagar Noombal Chennai 45 Lakh by Bank of Maharashtra 29 Jun 2026

Mahalakshmi Nagar, Noombal, Chennai

Area: 874 sq. ft.

Flat No.T-1, 3rd Floor, Tulip Apartment, Mahalakshmi Nagar, Noombal, Chennai-600 095.

Bank of Maharashtra · Asset Recovery Branch

Reserve price

₹45,00,000

EMD ₹4,50,000

Auction date

29 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 874 sq. ft.
  • Locality: Mahalakshmi Nagar, Noombal
  • Reserve: ₹45,00,000
  • EMD: ₹4,50,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityMahalakshmi Nagar, Noombal
Built-up / plot area874 sq. ft.
LenderBank of Maharashtra
BranchAsset Recovery Branch
Unit / flat no.T-1
Building / societyTULIP APARTMENT
Floor3rd Floor
Auction typeSARFAESI Auction
Bid increment₹20,000
Service providerBAANKNET

About this property

Flat bank auction in Mahalakshmi Nagar, Noombal, Chennai by Bank of Maharashtra — reserve price ₹45,00,000, 874 sq. ft., Symbolic possession.

Seize a golden opportunity to acquire a 2BHK residential flat through a bank auction. This spacious flat, bearing No. T-1 on the 3rd floor of the esteemed 'TULIP APARTMENT', offers a built-up area of 874 Sq. ft. located in the prime locality of Mahalakshmi Nagar, Noombal, Chennai-600 095. The property includes an undivided share of 388 Sq. ft. of land and one car parking on the Ground Floor. Offered by Bank of Maharashtra, this bank auction property has a reserve price of ₹45,00,000 and an EMD of ₹4,50,000. Ideal for investment or a new home, this flat in Chennai presents a valuable opportunity. The e-auction is scheduled for 29.06.2026. Don't miss this residential flat for sale via bank auction.

GeoSquare note: This 2BHK residential flat in Mahalakshmi Nagar, Noombal, Chennai, offers a good investment opportunity at a reserve price of ₹45 lakhs. The location in a major metropolitan area makes it attractive for both end-users and investors. While possession is symbolic, the clear title (NIL encumbrance) and reasonable pricing position this property as a strong buy in the bank auction market.

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