Representative illustration — Flat bank auction in Tondiarpet
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Tondiarpet Chennai 1.1 Crore by Omkara Assets Reconstruction Pvt Ltd

Tondiarpet, Chennai

Area: 1616.47 sq. ft.

Flat No. 206, Second Floor, Tower No. 23, Esplanade, Door No. 75, Vaidhyanathan Mudali Street, Tondiarpet, Chennai 600081

Omkara Assets Reconstruction Pvt Ltd · Corporate Office : Mumbai

Reserve price

₹1,10,00,000

EMD ₹11,00,000

Auction date

13 Aug 2026, 12:00 PM

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Quick read

  • Possession: Physical
  • Area: 1616.47 sq. ft.
  • Locality: Tondiarpet
  • Reserve: ₹1,10,00,000
  • EMD: ₹11,00,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityTondiarpet
Built-up / plot area1616.47 sq. ft.
LenderOmkara Assets Reconstruction Pvt Ltd
BranchCorporate Office : Mumbai
Unit / flat no.Flat No. 206, Tower No. 23
Building / societyEsplanade
FloorSecond Floor
Auction typeSARFAESI Auction
Bid increment₹60,000
Service providerbankeauctions.com / C1 India

About this property

Flat bank auction in Tondiarpet, Chennai by Omkara Assets Reconstruction Pvt Ltd — reserve price ₹1,10,00,000, 1616.47 sq. ft., Physical possession.

Explore this prime bank auction property in Chennai, featuring a spacious 1616.47 sq. ft. residential flat in the well-known Esplanade complex, Tondiarpet. Located on Vaidhyanathan Mudali Street, this property includes a reserved car park and an undivided share of land. This bank auction opportunity offers a significant residential asset in a developed locality. With physical possession taken by Omkara Assets Reconstruction Pvt Ltd, this flat presents a secure investment option. Interested buyers can participate in the e-auction scheduled for August 13, 2026. Benefit from this chance to acquire residential real estate in Chennai at a competitive reserve price of ₹1.10 Crore. Detailed documentation and inspection are available for serious investors looking for premium property deals.

GeoSquare note: The property is located in a well-established residential area of Tondiarpet with a good super built-up area and includes a reserved car park. Since the bank has already taken physical possession, it offers a secure transaction path for potential buyers. It serves as a strong investment choice for those looking for residential property in Chennai.

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