Flat for Auction Maraimalai Nagar Chennai 28 Lakh by Indian Overseas Bank 24 Jun 2026
Maraimalai Nagar, Chennai
Flat No.II AA, Second Floor, AKHILA HOMES, Plot No.29,30,33 & 34, Survey No. 144 and 145 of No.83, Senkundram Village, Shree Nagar Part 3, Maraimalai Nagar Pincode 603207
Indian Overseas Bank · REGIONAL OFFICE - CHENNAI
Reserve price
₹28,00,000
EMD ₹2,80,000
Auction date
24 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Locality: Maraimalai Nagar
- ▸Reserve: ₹28,00,000
- ▸EMD: ₹2,80,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Maraimalai Nagar |
| Lender | Indian Overseas Bank |
| Branch | REGIONAL OFFICE - CHENNAI |
| Unit / flat no. | II AA |
| Building / society | AKHILA HOMES |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Maraimalai Nagar, Chennai by Indian Overseas Bank — reserve price ₹28,00,000, Physical possession.
Discover a bank auction property with physical possession: a residential flat bearing No.II AA, situated on the Second Floor of 'AKHILA HOMES' in Maraimalai Nagar, Chennai (Pincode 603207). This flat, part of Shree Nagar Part 3, Senkundram Village, is offered by Indian Overseas Bank with a reserve price of ₹28,00,000. The e-auction is scheduled for 2026-06-24. This presents an excellent opportunity to acquire a residential property in a growing Chennai locality. Bidders are advised to perform due diligence on this bank auction flat for sale.
GeoSquare note: This residential flat in Maraimalai Nagar, Chennai, presents a strong investment appeal due to its physical possession status and competitive reserve price of ₹28,00,000. Located in a recognizable area, it offers good potential for appreciation. Bidders should confirm the property's area, which is not specified, and any potential encumbrances before the auction on 2026-06-24.
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