Flat for Auction Virugambakkam Chennai 2 Crore by Indian Bank
Virugambakkam, Chennai
Area: 1901 sq. ft.
Door No. 17, Vembuliamman Koil Street, Virugambakkam, Chennai - 600078
Indian Bank · STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI
Reserve price
₹2,00,00,000
EMD ₹20,00,000
Auction date
07 Oct 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Physical
- ▸Area: 1901 sq. ft.
- ▸Locality: Virugambakkam
- ▸Reserve: ₹2,00,00,000
- ▸EMD: ₹20,00,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | Virugambakkam |
| Built-up / plot area | 1901 sq. ft. |
| Lender | Indian Bank |
| Branch | STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI |
| Unit / flat no. | Flat No. 1051 |
| Building / society | Prestige Downtown |
| Floor | 5th Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in Virugambakkam, Chennai by Indian Bank — reserve price ₹2,00,00,000, 1901 sq. ft., Physical possession.
Explore this premium bank auction property in the heart of Virugambakkam, Chennai. This residential flat, located in the prestigious 'Prestige Downtown' complex, offers a super built-up area of 1901 sq. ft. situated on the 5th floor. The property includes two dedicated car parking spaces, making it an excellent investment opportunity. Being sold by Indian Bank, this apartment comes with clear legal titles and nil prior encumbrances. The auction is scheduled for 07.10.2026 with a reserve price of ₹2 Crores. Secure a high-value home in a prime Chennai locality. Interested bidders can inspect the property between 17.09.2026 and 18.09.2026. Don't miss this opportunity to acquire a high-end apartment through a transparent e-auction process.
GeoSquare note: This property is a high-value residential asset located in a premium apartment complex in Chennai. With physical possession taken by the bank and no prior encumbrances, it represents a secure and high-potential investment for homebuyers and investors alike.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.