Flat for Auction Mambakkam Kanchipuram 24.7 Lakh by Indian Overseas Bank
Mambakkam, Kanchipuram
Area: 722 sq. ft.
Flat No.411, 4th Floor, Block No.7, Globevill, Phase 1, Mambakkam Revenue Village, Sriperumbudur Taluk
Indian Overseas Bank · Asset Recovery Management Branch
Reserve price
₹24,70,000
EMD ₹2,47,000
Auction date
10 Aug 2026, 10:30 AM
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Quick read
- ▸Area: 722 sq. ft.
- ▸Locality: Mambakkam
- ▸Reserve: ₹24,70,000
- ▸EMD: ₹2,47,000
Auction snapshot
| Possession | — |
| Property type | Flat · Residential |
| Locality | Mambakkam |
| Built-up / plot area | 722 sq. ft. |
| Lender | Indian Overseas Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | Flat No.411 |
| Building / society | Globevill, Phase 1 |
| Floor | 4th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Mambakkam, Kanchipuram by Indian Overseas Bank — reserve price ₹24,70,000, 722 sq. ft..
Invest in a residential flat located in the 'Globevill' project, Mambakkam, Sriperumbudur. This bank auction property, managed by Indian Overseas Bank, offers a super built-up area of 722 sq. ft. on the 4th floor. Located in the growing region of Kanchipuram, this flat provides an excellent opportunity for home buyers and investors looking for affordable real estate. The reserve price is set at ₹24.70 Lakhs with an EMD of ₹2.47 Lakhs. The e-auction is scheduled for 10.08.2026. Interested bidders must complete the application process by 10.08.2026. Don't miss this chance to acquire a property in a well-connected locality of Tamil Nadu through a transparent bank auction process.
GeoSquare note: This property is located in an established residential project in Sriperumbudur, offering good value for a 722 sq. ft. unit at a reserve price of ₹24.70 Lakhs. While the borrower is under liquidation, the asset is clearly defined, making it a strong buy for investors targeting affordable residential housing in the Kanchipuram district.
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