Flat for Auction West Mambalam Chennai 27 Lakh by Indian Overseas Bank 24 Jun 2026
West Mambalam, Chennai
Area: 412.0 Sq.ft.
Flat No.C, Ground Floor, Mahalakshmi Flats, Plot No.7, New Door No.16, Old No.6/3, Kodambakkam Road West, West Mambalam, Chennai-600 033
Indian Overseas Bank · REGIONAL OFFICE - CHENNAI
Reserve price
₹27,00,000
EMD ₹2,70,000
Auction date
24 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 412.0 Sq.ft.
- ▸Locality: West Mambalam
- ▸Reserve: ₹27,00,000
- ▸EMD: ₹2,70,000
Auction snapshot
| Possession | Physical |
| Property type | Flat · Residential |
| Locality | West Mambalam |
| Built-up / plot area | 412.0 Sq.ft. |
| Lender | Indian Overseas Bank |
| Branch | REGIONAL OFFICE - CHENNAI |
| Unit / flat no. | Flat No.C |
| Building / society | Mahalakshmi Flats |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Flat bank auction in West Mambalam, Chennai by Indian Overseas Bank — reserve price ₹27,00,000, 412.0 Sq.ft., Physical possession.
Discover a prime residential bank auction property in Chennai. This 412 Sq.Ft. super built-up area flat, Flat No. C on the Ground Floor of Mahalakshmi Flats, West Mambalam, is available through an Indian Overseas Bank auction. Located at Kodambakkam Road West, Chennai-600033, this property offers physical possession. With a reserve price of ₹27,00,000, it presents a significant investment opportunity in a well-established Chennai locality. The e-auction is scheduled for June 24, 2026. Don't miss this chance to acquire a valuable property in West Mambalam. Secure your future with this bank auction property for sale.
GeoSquare note: This ground floor flat in West Mambalam, Chennai, is a prime investment opportunity due to its excellent residential location and the significant advantage of physical possession. The reserve price of ₹27 Lakhs for a 412 Sq.Ft. flat in this sought-after area offers strong value. The clear auction details and direct bank contact further enhance its appeal for serious buyers.
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