Representative illustration — Flat bank auction in Valasaravakkam, Alwarthirunagar
Representative illustration — not the actual property photograph.
Flat Residential Symbolic possession Strong Buy

Flat for Auction Valasaravakkam Alwarthirunagar Chennai 2.4 Crore by Union Bank of India

Valasaravakkam, Alwarthirunagar, Chennai

Area: 2575 sq.ft.

Flat No.204, Block-A, Kruba Circus, Old No.3, New No.7, Arcot Road, Alwarthirunagar, Valasaravakkam, Chennai-600087

Union Bank of India · Regional Office

Reserve price

₹2,43,00,000

EMD ₹24,30,000

Auction date

14 Jul 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 2575 sq.ft.
  • Locality: Valasaravakkam, Alwarthirunagar
  • Reserve: ₹2,43,00,000
  • EMD: ₹24,30,000

Auction snapshot

PossessionSymbolic
Property typeFlat · Residential
LocalityValasaravakkam, Alwarthirunagar
Built-up / plot area2575 sq.ft.
LenderUnion Bank of India
BranchRegional Office
Unit / flat no.Flat No.204
Building / societyKruba Circus
FloorSecond Floor
Auction typeSARFAESI Auction
Bid increment₹2,43,000
Service providerBAANKNET

About this property

Flat bank auction in Valasaravakkam, Alwarthirunagar, Chennai by Union Bank of India — reserve price ₹2,43,00,000, 2575 sq.ft., Symbolic possession.

Discover an exceptional bank auction property in Chennai! This spacious residential flat, Flat No.204, boasts a built-up area of 2575 sq.ft. within the prestigious 'Kruba Circus' building (Block-A) on the Second Floor. Located at Old No.3, New No.7, Arcot Road, Alwarthirunagar, Valasaravakkam, Chennai-600087, this property offers a prime address in a sought-after locality. The auction by Union Bank of India features a reserve price of ₹2,43,00,000.0 and an EMD of ₹24,30,000.0. The e-auction is scheduled for July 14, 2026, from 12:00 PM to 05:00 PM. This is a valuable opportunity for investors and homebuyers to acquire a significant residential property in Chennai through a bank auction. Key features include its large size, prime location, and clear legal status (symbolic possession).

GeoSquare note: This flat in Valasaravakkam, Chennai, is a strong buy due to its prime residential location, significant built-up area of 2575 sq.ft., and established building. While possession is symbolic, which carries some risk, the competitive reserve price and clear auction details from Union Bank of India make it an attractive investment opportunity in a high-demand urban area.

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