Flat for Auction Mount Road Chennai 68.5 Lakh by Idfc First Bank Ltd 30 Jun 2026
Mount Road, Chennai
Area: 1917.0 sq. ft.
Third Floor Premises, Old Door No. 21, New Door No. 23, Meeram Sahib Street, Mount Road, Chennai- 600002
IDFC First Bank Ltd · Chetpet, Chennai
Reserve price
₹68,49,211
EMD ₹6,84,921
Auction date
30 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Area: 1917.0 sq. ft.
- ▸Locality: Mount Road
- ▸Reserve: ₹68,49,211
- ▸EMD: ₹6,84,921
Auction snapshot
| Possession | — |
| Property type | Flat · Residential |
| Locality | Mount Road |
| Built-up / plot area | 1917.0 sq. ft. |
| Lender | IDFC First Bank Ltd |
| Branch | Chetpet, Chennai |
| Unit / flat no. | Old Door No. 21, New Door No. 23 |
| Floor | Third Floor |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Flat bank auction in Mount Road, Chennai by IDFC First Bank Ltd — reserve price ₹68,49,211, 1917.0 sq. ft..
An excellent opportunity to acquire a prime residential property in Chennai through a bank auction. This 3rd floor flat is situated at Old Door No. 21, New Door No. 23, Meeram Sahib Street, Mount Road, Chennai-600002, a highly desirable and well-connected locality. The property comes with a 1/5th undivided share of land out of 1917 sq. ft. The e-auction, conducted by IDFC First Bank Ltd., is scheduled for June 30, 2026, from 11:00 AM to 01:00 PM. The reserve price is set at a competitive ₹68,49,211.50, with an EMD of ₹6,84,921.15. Property inspection is available on June 23, 2026. This bank auction property is ideal for investors or homebuyers seeking a flat for sale in Mount Road, Chennai, offering significant potential value.
GeoSquare note: This residential flat on Mount Road, Chennai, scores highly due to its excellent location, a prime area known for its connectivity and amenities. Bank auctions often present valuable opportunities below market rates. The property includes an undivided share of land, adding to its long-term asset value. While the possession status is not explicitly stated, the clear auction details and the attractive price range make this a strong investment choice for a residential property in a coveted urban hub.
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