Flat for Auction Pallavaram Kanchipuram 49 Lakh by Bank of India
Pallavaram, Kanchipuram
Area: 920 sq. ft.
Plot No. 8, 4th Street, Malliga Nagar, Issa Pallavaram Village, Pallavaram Taluk, Chengalpattu District
Bank of India · CHENNAI ASSET RECOVERY BRANCH
Reserve price
₹49,00,000
EMD ₹4,90,000
Auction date
11 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 920 sq. ft.
- ▸Locality: Pallavaram
- ▸Reserve: ₹49,00,000
- ▸EMD: ₹4,90,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Pallavaram |
| Built-up / plot area | 920 sq. ft. |
| Lender | Bank of India |
| Branch | CHENNAI ASSET RECOVERY BRANCH |
| Unit / flat no. | Flat No. S1 |
| Building / society | JAYAM FLATS |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Pallavaram, Kanchipuram by Bank of India — reserve price ₹49,00,000, 920 sq. ft., Symbolic possession.
Explore this residential bank auction property located in Jayam Flats, Pallavaram, Chengalpattu. This 920 sq. ft. flat is situated on the second floor and features an undivided land share of 277 sq. ft. along with a covered car parking space. Located in a prime residential hub of Malliga Nagar, this property offers excellent connectivity and accessibility. The auction, conducted by the Bank of India, is a great opportunity for home buyers and investors looking for a budget-friendly residential unit. The reserve price is set at ₹49,00,000. Interested bidders must submit their EMD by 10th August 2026. Don't miss this chance to acquire a well-located flat in the Chengalpattu district through a secure e-auction process.
GeoSquare note: The property is well-located in a developed residential area in Pallavaram with clear utility details including covered parking. While the possession status is currently symbolic, the reserve price aligns well with market standards for a flat of this size in the Chengalpattu region, making it a strong buy for long-term value.
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