Flat for Auction Padmanabha Nagar Choolaimedu Chennai 50 Lakh by Icici Bank
Padmanabha Nagar, Choolaimedu, Chennai
Area: 1400.18 Sq.ft.
Plot No. 11, 11A, 11B, Door No.21/9, Flat No. S1, 2nd Floor, Elangovadigal Street, Padmanabha Nagar, Choolaimedu, Chennai-600094
ICICI Bank · Branch Office : Chennai
Reserve price
₹50,00,000
EMD ₹5,00,000
Auction date
23 Jul 2026, 10:30 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 1400.18 Sq.ft.
- ▸Locality: Padmanabha Nagar, Choolaimedu
- ▸Reserve: ₹50,00,000
- ▸EMD: ₹5,00,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Padmanabha Nagar, Choolaimedu |
| Built-up / plot area | 1400.18 Sq.ft. |
| Lender | ICICI Bank |
| Branch | Branch Office : Chennai |
| Unit / flat no. | Plot No. 11, 11A, 11B, Door No.21/9, Flat No. S1 |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Service provider | matex.net |
About this property
Flat bank auction in Padmanabha Nagar, Choolaimedu, Chennai by ICICI Bank — reserve price ₹50,00,000, 1400.18 Sq.ft., Physical possession.
Discover a prime residential 3BHK flat available through an ICICI Bank auction in the well-regarded Choolaimedu area of Chennai (Pincode 600094). This 1400.18 sq.ft. flat, located on the 2nd floor at Plot No. 11, 11A, 11B, Door No.21/9, Flat No. S1, Elangovadigal Street, Padmanabha Nagar, offers excellent investment potential. The e-auction is scheduled for July 23, 2026, with a reserve price of ₹50,00,000 and an Earnest Money Deposit (EMD) of ₹5,00,000. Physical possession ensures a straightforward acquisition process, making this bank auction property in Chennai a strong opportunity for both homebuyers and investors seeking a valuable asset in a developed locality.
GeoSquare note: This residential flat in Choolaimedu, Chennai, offers a significant investment opportunity due to its prime location and physical possession status. The 3BHK configuration and 1400.18 sq.ft. built-up area are highly desirable. The reserve price of ₹50,00,000, while substantial, is competitive for a property of this type and location in Chennai, making it a strong buy.
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