Flat for Auction Ulagaram Chennai 41.7 Lakh by Asset Reconstruction Company India Ltd Arcil
Ulagaram, Chennai
Area: 681 sq. ft.
Flat No.S-3, Second Floor, B-Block, Somasundaram Apartments, Medavakkam Main Road, Ulagaram, Chennai-600091
Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai
Reserve price
₹41,68,000
EMD ₹4,16,800
Auction date
28 Jul 2026, 06:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 681 sq. ft.
- ▸Locality: Ulagaram
- ▸Reserve: ₹41,68,000
- ▸EMD: ₹4,16,800
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Ulagaram |
| Built-up / plot area | 681 sq. ft. |
| Lender | Asset Reconstruction Company (India) Ltd. (Arcil) |
| Branch | Dadar West, Mumbai |
| Unit / flat no. | Flat No. S-3 |
| Building / society | Somasundaram Apartments |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Flat bank auction in Ulagaram, Chennai by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹41,68,000, 681 sq. ft., Physical possession.
Participate in the bank auction of this residential flat located in the prime locality of Ulagaram, Chennai. The property, situated in Somasundaram Apartments on Medavakkam Main Road, is a 681 sq. ft. unit on the second floor. This bank auction property is held by Arcil and offers a strategic investment opportunity in a well-connected area of Chennai South. With a reserve price of ₹41,68,000, this asset represents a significant opportunity for homebuyers and investors looking for affordable housing. The property comes with physical possession, adding security to your investment. Interested bidders should note the auction date of July 28, 2026. Don't miss this chance to acquire a residential flat in a developed neighborhood through a transparent bank auction process.
GeoSquare note: This property is a strong buy due to its physical possession status and location in a well-established Chennai suburb. The reserve price is competitive for the Ulagaram area, making it an excellent opportunity for end-users and investors alike.
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