Flat for Auction Mambakkam Revenue Village Kanchipuram 26 Lakh by Indian Overseas Bank
Mambakkam revenue Village, Kanchipuram
Area: 722 Sq.ft.
Flat No.411, 4th Floor, Block No.7, Globevill, Phase 1, S.No.74/5 Part, 75/10 part, 76/1, 76/3 & 76/4, Mambakkam revenue Village, Sriperumbudur Taluk, Kancheepuram District
Indian Overseas Bank · Asset Recovery Management Branch
Reserve price
₹26,03,000
EMD ₹2,60,300
Auction date
20 Jul 2026, 10:30 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 722 Sq.ft.
- ▸Locality: Mambakkam revenue Village
- ▸Reserve: ₹26,03,000
- ▸EMD: ₹2,60,300
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Mambakkam revenue Village |
| Built-up / plot area | 722 Sq.ft. |
| Lender | Indian Overseas Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | Flat No.411 |
| Building / society | Block No.7, 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 revenue Village, Kanchipuram by Indian Overseas Bank — reserve price ₹26,03,000, 722 Sq.ft., Physical possession.
Discover a promising bank auction opportunity with this residential flat, No.411, located on the 4th Floor of Block No.7, within the 'Globevill, Phase 1' project. Situated in Mambakkam revenue Village, Sriperumbudur Taluk, Kancheepuram District, Tamil Nadu, this property offers a super built-up area of 722 Sq.ft. with an undivided share of 245 Sq.ft. The Indian Overseas Bank is conducting the e-auction on 2026-07-20, with a competitive reserve price of ₹26,03,000 and EMD of ₹2,60,300. This bank auction property is under physical possession, making it an attractive prospect for investors and homebuyers seeking a residential flat for sale in Sriperumbudur.
GeoSquare note: This residential flat in 'Globevill' offers a strong investment opportunity due to its location in Sriperumbudur, an emerging industrial and educational hub near Chennai. With a competitive reserve price of ₹26.03 lakhs for a 722 sqft flat and confirmed physical possession, it presents good value. Bidders should be aware of and factor in potential statutory liabilities.
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