Representative illustration — Flat bank auction in Mambakkam Revenue Village, Sriperumbudur Taluk
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

Flat for Auction Mambakkam Revenue Village Sriperumbudur Taluk Kanchipuram 26.4 Lakh by Indian Overseas Bank

Mambakkam Revenue Village, Sriperumbudur Taluk, Kanchipuram

Area: 731 Sq.ft

Flat No.112, 1st Floor, Block No.7, Project "Globevill", Phase-1, Mambakkam Revenue Village, Sriperumbudur Taluk, Kancheepuram District

Indian Overseas Bank · Asset Recovery Management Branch

Reserve price

₹26,41,000

EMD ₹2,64,100

Auction date

20 Jul 2026, 10:30 AM

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Quick read

  • Possession: Symbolic
  • Area: 731 Sq.ft
  • Locality: Mambakkam Revenue Village, Sriperumbudur Taluk
  • Reserve: ₹26,41,000
  • EMD: ₹2,64,100

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityMambakkam Revenue Village, Sriperumbudur Taluk
Built-up / plot area731 Sq.ft
LenderIndian Overseas Bank
BranchAsset Recovery Management Branch
Unit / flat no.Flat No.112
Building / societyGlobevill, Phase-1
Floor1st Floor
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Flat bank auction in Mambakkam Revenue Village, Sriperumbudur Taluk, Kanchipuram by Indian Overseas Bank — reserve price ₹26,41,000, 731 Sq.ft, Symbolic possession.

Discover a prime residential flat for sale via bank auction from Indian Overseas Bank. This 1st-floor flat, No.112, spanning 731 Sq.ft of super built-up area, is located in Block No.7 of the 'Globevill, Phase-1' project in Mambakkam Revenue Village, Sriperumbudur Taluk, Kancheepuram District. An excellent opportunity for home buyers or investors, this bank auction property offers an attractive reserve price of ₹26,41,000. EMD is ₹2,64,100, with bidding increments of ₹50,000. The e-auction is scheduled for July 20, 2026, from 10:30 AM to 12:30 PM. Property inspection available before July 18, 2026. Secure your future with this valuable property in a developing locality.

GeoSquare note: This residential flat offers a strong investment opportunity due to its location in the developing Sriperumbudur Taluk of Kancheepuram District and its presence within a named project, 'Globevill'. The specified super built-up area of 731 sq.ft makes it suitable for families. While possession is symbolic, which is common in bank auctions, the attractive reserve price and clear auction details suggest a fair prospect for potential buyers.

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