Representative illustration — Flat bank auction in Sriperumbudur, Katrambakkam Revenue Village, Katrambakkam Panchayath
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

Flat for Auction Sriperumbudur Katrambakkam Revenue Village Katrambakkam Panchayath Kanchipuram 18 Lakh by Bank of India 25 Jun 2026

Sriperumbudur, Katrambakkam Revenue Village, Katrambakkam Panchayath, Kanchipuram

Area: 1129 Sq.ft.

Flat No. S-1, 2nd Floor, Mynavathi Flats, Plot No. 12, Royal Homes, No.98, Katrambakkam Revenue Village, Katrambakkam Panchayath, Sriperumbudur Taluk, Kancheepuram District.

Bank of India · CHENNAI ASSET RECOVERY BRANCH

Reserve price

₹18,00,000

EMD ₹1,80,000

Auction date

25 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 1129 Sq.ft.
  • Locality: Sriperumbudur, Katrambakkam Revenue Village, Katrambakkam Panchayath
  • Reserve: ₹18,00,000
  • EMD: ₹1,80,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalitySriperumbudur, Katrambakkam Revenue Village, Katrambakkam Panchayath
Built-up / plot area1129 Sq.ft.
LenderBank of India
BranchCHENNAI ASSET RECOVERY BRANCH
Unit / flat no.Flat No. S-1
Building / society'Mynavathi Flats' (within 'Royal Homes' layout)
Floor2nd Floor
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Flat bank auction in Sriperumbudur, Katrambakkam Revenue Village, Katrambakkam Panchayath, Kanchipuram by Bank of India — reserve price ₹18,00,000, 1129 Sq.ft., Symbolic possession.

Discover a lucrative opportunity with this bank auction property: a 2nd-floor Flat No. S-1 spanning 1129 sq.ft. super built-up area, located in 'Mynavathi Flats' within the 'Royal Homes' layout at Katrambakkam Revenue Village, Sriperumbudur Taluk, Kancheepuram District, Tamil Nadu. This residential flat sits on Plot No.12, with a 2400 sq.ft. land parcel and 525 sq.ft. UDS, along with covered parking. The property is well-bounded by Plot No. 11, Park, Plot No. 13, and a 30 feet Wide Road. Offered by Bank of India with a reserve price of ₹18,00,000 and EMD of ₹1,80,000, bids increment by ₹50,000. The e-auction is on 2026-06-25, with inspection on 2026-06-18 and last date for EMD submission on 2026-06-24. This is a promising residential flat for sale in Sriperumbudur. Bidders must conduct their due diligence as possession is symbolic.

GeoSquare note: This residential flat in Sriperumbudur offers good value at its reserve price of ₹18,00,000 for 1129 sq.ft. in a developing locality of Kanchipuram, Tamil Nadu. The location within 'Royal Homes' and 'Mynavathi Flats' is appealing. However, the symbolic possession status necessitates thorough due diligence by potential bidders. Despite this, it presents a strong buy opportunity for investors willing to navigate the possession process due to its reasonable price and growth potential.

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