Flat for Auction Nanganallur Chennai 50.5 Lakh by Bank of India 09 Jun 2026
Nanganallur, Chennai
Area: 502 Sq.ft.
Residential Flat No.F4, First Floor, Plot No.5A, WardE. Ram Nagar, 1st Main Road, Nanganallur, Vilage, Chennai-61, Tambaram Taluk, Kanchipuram District
Bank of India · CHENNAI ASSET RECOVERY DEPARTMENT
Reserve price
₹50,50,000
EMD ₹5,05,000
Auction date
09 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 502 Sq.ft.
- ▸Locality: Nanganallur
- ▸Reserve: ₹50,50,000
- ▸EMD: ₹5,05,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Nanganallur |
| Built-up / plot area | 502 Sq.ft. |
| Lender | Bank of India |
| Branch | CHENNAI ASSET RECOVERY DEPARTMENT |
| Unit / flat no. | F4 |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Nanganallur, Chennai by Bank of India — reserve price ₹50,50,000, 502 Sq.ft., Symbolic possession.
Bank auction property for sale in Nanganallur, Chennai! This residential flat offers 502 sq. ft. of space. Located on the first floor of Plot No.5A in Ram Nagar, this property is offered at a reserve price of ₹5,050,000 with an EMD of ₹505,000. E-auction date is June 9, 2026. A great opportunity to invest in Chennai's real estate through a bank auction. Contact Bank of India for more details and inspection.
GeoSquare note: The property is a small flat in Nanganallur, Chennai being auctioned by Bank of India. The reserve price is moderate, and the symbolic possession may deter some investors. Further investigation is needed to check other factors to make a sound decision.
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