Flat for Auction Mylapore Chennai 3 Crore by Iifl Finance
Mylapore, Chennai
Area: 2400 sq.ft
Residential Apartment No.4, Corporation Door No.29/4, New No.55/4, T.T.K. Road, Alwarpet, Chennai 600018
IIFL Finance · Gurgaon
Reserve price
₹3,03,80,000
EMD ₹30,38,000
Auction date
13 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 2400 sq.ft
- ▸Locality: Mylapore
- ▸Reserve: ₹3,03,80,000
- ▸EMD: ₹30,38,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Mylapore |
| Built-up / plot area | 2400 sq.ft |
| Lender | IIFL Finance |
| Branch | Gurgaon |
| Unit / flat no. | Apartment No.4 |
| Building / society | The Building |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹3,00,000 |
| Service provider | Public Auction |
About this property
Flat bank auction in Mylapore, Chennai by IIFL Finance — reserve price ₹3,03,80,000, 2400 sq.ft, Physical possession.
Discover a prime bank auction property: a spacious 4-bedroom residential apartment (No.4) spanning 2400 sq.ft. on the second floor of a building in the coveted Alwarpet area of Mylapore, Chennai. This exclusive flat includes car parking rights and an undivided share of land (958 sq.ft.). Offered by IIFL Finance, the property is located at New No.55/4, T.T.K. Road, Chennai 600018, and is under physical possession of the bank. The auction, with a reserve price of ₹3,03,80,000, presents an excellent investment opportunity for those looking for a luxurious flat for sale in Chennai. Inspection is on 2026-07-08, with the e-auction on 2026-07-13. Secure your chance to buy this valuable asset.
GeoSquare note: This property stands out as a prime investment due to its excellent location in Alwarpet/Mylapore, Chennai, a highly sought-after and upscale residential area. The spacious 4BHK flat of 2400 sq.ft. offers luxury living, further enhanced by physical possession status, which significantly reduces acquisition risks. The reserve price is competitive for such a premium asset, making it a strong buy for both investors and discerning homeowners looking for a high-value property.
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