Flat for Auction Saligramam Gandhi Nagar Chennai 52.2 Lakh by Punjab National Bank 23 Jun 2026
Saligramam, Gandhi Nagar, Chennai
Area: 871 Sq.ft
Flat No.F1, First Floor, Kumara Flats, Plot No.24A, Door No.33, Old No.9, Old No.12, Previously Andavar Nagar Second Street, Presently Bharathi Street, Gandhi Nagar, Saligramam, Chennai-600 093
Punjab National Bank · ARMB: Chennai
Reserve price
₹52,20,000
EMD ₹5,22,000
Auction date
23 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 871 Sq.ft
- ▸Locality: Saligramam, Gandhi Nagar
- ▸Reserve: ₹52,20,000
- ▸EMD: ₹5,22,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Saligramam, Gandhi Nagar |
| Built-up / plot area | 871 Sq.ft |
| Lender | Punjab National Bank |
| Branch | ARMB: Chennai |
| Unit / flat no. | F1, Plot No.24A |
| 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 Saligramam, Gandhi Nagar, Chennai by Punjab National Bank — reserve price ₹52,20,000, 871 Sq.ft, Symbolic possession.
Discover an exceptional investment opportunity with this bank auction property in Chennai. A spacious 871 Sq.ft residential flat, No.F1, is available on the First Floor of the esteemed Kumara Flats in Gandhi Nagar, Saligramam, Chennai-600 093. This prime residential property includes a 360 Sq.ft undivided share in the total land extent and comes with a covered car parking space. The auction, conducted by Punjab National Bank, is set for June 23, 2026, with a reserve price of ₹52,20,000 and an EMD of ₹5,22,000. Bidders can participate in this symbolic possession auction, making it an attractive prospect for those seeking a well-located residential flat for sale in Chennai. Secure your dream home or a valuable asset through this competitive e-auction.
GeoSquare note: This residential flat in Saligramam, Chennai, presents a strong investment opportunity due to its prime location in a major city and a decent size of 871 Sq.ft. The reserve price of ₹52.20 lakhs appears competitive for the area. While the possession status is symbolic, the overall market demand for flats in Chennai makes this a promising acquisition for investors or homebuyers.
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