Flat for Auction Sholinganallur Kanchipuram 60 Lakh by Bank of India
Sholinganallur, Kanchipuram
Area: 956 sq. ft.
Flat No G-1, Rajiv Nagar Annex, Perungudi Village, Sholinganallur Taluk, Kancheepuram District
Bank of India · CHENNAI ASSET RECOVERY BRANCH
Reserve price
₹60,00,000
EMD ₹6,00,000
Auction date
28 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 956 sq. ft.
- ▸Locality: Sholinganallur
- ▸Reserve: ₹60,00,000
- ▸EMD: ₹6,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Sholinganallur |
| Built-up / plot area | 956 sq. ft. |
| Lender | Bank of India |
| Branch | CHENNAI ASSET RECOVERY BRANCH |
| Unit / flat no. | G-1 |
| Building / society | Rajiv Nagar Annex |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Sholinganallur, Kanchipuram by Bank of India — reserve price ₹60,00,000, 956 sq. ft., Symbolic possession.
Participate in the Bank of India e-auction for a residential flat located in the prime locality of Sholinganallur, Kanchipuram. This bank auction property features a built-up area of 956 sq. ft. on the ground floor of Rajiv Nagar Annex, including covered car parking. The flat comes with an undivided share of land measuring 504 sq. ft. With a reserve price of ₹60,00,000, this property offers a significant investment opportunity in Chennai's growing southern corridor. Interested buyers must note the EMD amount of ₹6,00,000 and complete the submission process by 27th July 2024. The auction is scheduled for 28th July 2024. Don't miss this chance to acquire a well-located residential asset through a transparent bank sale process.
GeoSquare note: The property is located in the well-connected Sholinganallur area, which is a major residential and IT hub, making it a strong investment choice. While the possession status is symbolic, the clear title of the flat and inclusion of car parking add significant value. The reserve price is competitive for the region, warranting a favorable recommendation for potential homeowners and investors.
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