Flat for Auction Villivakkam Chennai 37.4 Lakh by Bank of Maharashtra 29 Jun 2026
Villivakkam, Chennai
Area: 800.0 Sq. ft.
Flat No.T-1, 1st Floor, Indira Nagar, North Jagannathan 2nd Main Road, Villivakkam, Chennai-600 049
Bank of Maharashtra · Asset Recovery Branch
Reserve price
₹37,40,000
EMD ₹3,74,000
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 800.0 Sq. ft.
- ▸Locality: Villivakkam
- ▸Reserve: ₹37,40,000
- ▸EMD: ₹3,74,000
Auction snapshot
| Possession | Symbolic |
| Property type | Flat · Residential |
| Locality | Villivakkam |
| Built-up / plot area | 800.0 Sq. ft. |
| Lender | Bank of Maharashtra |
| Branch | Asset Recovery Branch |
| Unit / flat no. | T-1 |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Villivakkam, Chennai by Bank of Maharashtra — reserve price ₹37,40,000, 800.0 Sq. ft., Symbolic possession.
Discover a promising opportunity with this bank auction property: a 2BHK residential flat (No. T-1) on the 1st floor, boasting a built-up area of 800 sq. ft. Located in the popular Villivakkam area of Chennai, specifically Indira Nagar, North Jagannathan 2nd Main Road. This property, offered by Bank of Maharashtra, presents an attractive investment for homebuyers or investors. The reserve price is set at ₹37,40,000, with an EMD of ₹3,74,000. Bidding starts with an increment of ₹20,000. The e-auction is scheduled for June 29, 2026, from 11:00 AM to 01:00 PM. Property inspection is available from June 22 to June 25, 2026. This symbolic possession property is free from known encumbrances. Don't miss this bank auction in Chennai for a residential flat sale.
GeoSquare note: This 2BHK flat in Villivakkam, Chennai, presents a strong investment opportunity due to its prime residential location and reasonable reserve price of ₹37.40 lakhs for an 800 sq. ft. unit. While possession is symbolic, the clear title with no known encumbrances makes it an attractive proposition. The auction provides a competitive entry point into Chennai's real estate market, suitable for both end-users and investors looking for value.
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