Flat for Auction Muthiah Nagar Kovilampakkam Kanchipuram 38.9 Lakh by Canara Bank
Muthiah Nagar, Kovilampakkam, Kanchipuram
Area: 971.0 sq. ft.
Flat No F5, 2nd floor, Om Suyam Jothi Apartments, New Door No.33, Survey No. 165/2, Muthiah Nagar, Kovilampakkam, Madavakkam main road, Chennai-600117
Canara Bank · SPECIALIZED ARM BRANCH II CHENNAI
Reserve price
₹38,89,000
EMD ₹3,88,900
Auction date
31 Jul 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Area: 971.0 sq. ft.
- ▸Locality: Muthiah Nagar, Kovilampakkam
- ▸Reserve: ₹38,89,000
- ▸EMD: ₹3,88,900
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Muthiah Nagar, Kovilampakkam |
| Built-up / plot area | 971.0 sq. ft. |
| Lender | Canara Bank |
| Branch | SPECIALIZED ARM BRANCH II CHENNAI |
| Unit / flat no. | F5 |
| Building / society | Om Suyam Jothi Apartments |
| Floor | 2nd floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Muthiah Nagar, Kovilampakkam, Kanchipuram by Canara Bank — reserve price ₹38,89,000, 971.0 sq. ft., Symbolic possession.
An excellent opportunity awaits with this bank auction property presented by Canara Bank. Secure a residential flat for sale in the thriving locality of Kovilampakkam, Chennai. This 971 sq. ft. super built-up area flat (Unit F5) is situated on the 2nd floor of Om Suyam Jothi Apartments in Muthiah Nagar, strategically located off Madavakkam main road, Chennai-600117. The property also includes an undivided share of 451 sq. ft. of the underlying land. Ideal for investors and homebuyers, this bank auction property offers a reserve price of ₹3,889,000 and requires an EMD of ₹388,900. The e-auction is scheduled for July 31, 2026. Don't miss out on this valuable asset in a prime Chennai location.
GeoSquare note: This residential flat in Kovilampakkam, Chennai, presents a fair investment option. The property boasts a decent 971 sq. ft. super built-up area in a developing area with good connectivity. While the reserve price seems reasonable, the 'Symbolic' possession status implies additional effort and potential legal steps for the buyer to obtain physical possession, adding a layer of risk. This factor moderates its overall investment appeal despite the promising location and property type.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.
Browse more auctions in Kanchipuram
Top areas
By property type
Top banks
Not in Kanchipuram? Browse auction & news alerts for other cities