Flat for Auction Mogappair Chennai 85.5 Lakh by Indian Bank 417366
Mogappair, Chennai
Area: 769 sq. ft.
Residential Apartment No. AG1, Plot Nos. 331A, 331B, Golden George Nagar, Mogappair Village, Ambattur Taluk, Chennai District
Indian Bank · MARAIMALAINAGAR BRANCH
Reserve price
₹85,50,000
EMD ₹8,55,000
Auction date
12 Oct 2026, 10:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 769 sq. ft.
- ▸Locality: Mogappair
- ▸Reserve: ₹85,50,000
- ▸EMD: ₹8,55,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Mogappair |
| Built-up / plot area | 769 sq. ft. |
| Lender | Indian Bank |
| Branch | MARAIMALAINAGAR BRANCH |
| Unit / flat no. | AG1 |
| Building / society | DCC-Athulya |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Mogappair, Chennai by Indian Bank — reserve price ₹85,50,000, 769 sq. ft., Symbolic possession.
Participate in the bank auction for this prime residential flat located at DCC-Athulya in the sought-after locality of Mogappair, Chennai. This ground floor apartment, measuring 769 sq. ft., is part of the Golden George Nagar layout, offering a strategic location in the Ambattur Taluk. The property is being auctioned by Indian Bank with a reserve price of ₹85.50 Lakhs. This is a lucrative opportunity for home buyers and investors looking for a bank auction property in a developing residential hub. With a clear title and an EMD of ₹8.55 Lakhs, this auction provides a transparent way to acquire residential real estate in Chennai. Ensure you complete your document submission by 12.10.2026 to participate in the e-auction process.
GeoSquare note: The property is located in the established Mogappair residential area, offering good connectivity and residential value. While possession is symbolic, the Nil encumbrance status provides legal security for potential bidders. The price point is competitive for the size and locality, making it a strong candidate for an investment or end-use purchase.
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