House for Auction Gnanamoorthy Nagar Ambattur Chennai 59 Lakh by Bank of Baroda 28 Jul 2026
Gnanamoorthy Nagar, Ambattur, Chennai
Area: 990 Sq.ft
Flat No T2, Third Floor, Nethaji Street, Gnanamoorthy Nagar, Ambattur, Chennai 600 053.
Bank of Baroda · Regional Stressed Asset Recovery Branch
Reserve price
₹59,00,000
EMD ₹5,90,000
Auction date
28 Jul 2026, 02:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 990 Sq.ft
- ▸Locality: Gnanamoorthy Nagar, Ambattur
- ▸Reserve: ₹59,00,000
- ▸EMD: ₹5,90,000
Auction snapshot
| Possession | Symbolic |
| Property type | House · Residential |
| Locality | Gnanamoorthy Nagar, Ambattur |
| Built-up / plot area | 990 Sq.ft |
| Lender | Bank of Baroda |
| Branch | Regional Stressed Asset Recovery Branch |
| Unit / flat no. | Flat No T2 |
| Floor | Third Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
House bank auction in Gnanamoorthy Nagar, Ambattur, Chennai by Bank of Baroda — reserve price ₹59,00,000, 990 Sq.ft, Symbolic possession.
Discover a prime residential flat for sale via Bank of Baroda e-auction in the sought-after Ambattur area of Chennai. This third-floor, 990 Sq.ft Flat No T2, situated on Nethaji Street, Gnanamoorthy Nagar, offers modern living with essential amenities including covered car parking, 3 phase electricity, water connection, bore well, sump, electric motor, water tank, and a lift. The property includes an undivided share of land (295 Sq.ft) from a larger plot of 1802 Sq.ft. With a reserve price of ₹59,00,000 and an EMD of ₹5,90,000, this bank auction property presents a significant investment opportunity. Inspection is available on 08.07.2026, with the e-auction scheduled for 28.07.2026. Secure your next home or investment in Chennai through this transparent bank auction.
GeoSquare note: This residential flat in Ambattur, Chennai, offers a strong investment opportunity due to its good location in Gnanamoorthy Nagar, modern amenities like covered parking and a lift, and a reasonable super-built-up area of 990 Sq.ft. The competitive reserve price of ₹59,00,000 via a bank auction makes it attractive for both homeowners and investors. The symbolic possession is a common aspect of bank auctions, which prospective buyers should be prepared for.
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