Flat for Auction Nungambakkam Chennai 52.2 Lakh by Punjab National Bank 30 May 2026
Nungambakkam, Chennai
Area: 871 Sq.ft
Plot No.24A, Door No.33, Flat No. F1, First Floor, Kumara Flats, Previously Andavar Nagar Second Street, Presently Bharathi Street, Gandhi Nagar, Saligramam, Chennai - 600 093
Punjab National Bank · ARMB
Reserve price
₹52,20,000
EMD ₹5,22,000
Auction date
30 May 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 871 Sq.ft
- ▸Locality: Nungambakkam
- ▸Reserve: ₹52,20,000
- ▸EMD: ₹5,22,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Nungambakkam |
| Built-up / plot area | 871 Sq.ft |
| Lender | Punjab National Bank |
| Branch | ARMB |
| Unit / flat no. | F1 |
| Building / society | Kumara Flats |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Nungambakkam, Chennai by Punjab National Bank — reserve price ₹52,20,000, 871 Sq.ft, Symbolic possession.
Seize the opportunity to own a residential flat through a bank auction in the prime location of Nungambakkam, Chennai. This property, located in Kumara Flats, features 871 sq.ft of living space, including common rights and covered car parking. The auction is conducted by Punjab National Bank with a reserve price of ₹5220000. Don't miss this chance to invest in a bank auction property in a sought-after area. This flat offers excellent potential for homeowners and investors alike.
GeoSquare note: Located in the desirable Nungambakkam area of Chennai, this flat represents a strong investment opportunity. The reserve price is competitive for the location and size, and the symbolic possession indicates a smoother transition. While the possession status affects the score, the overall appeal of the location and property type makes it a worthwhile consideration.
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