Representative illustration — House bank auction in Gnanamoorthy Nagar
Representative illustration — not the actual property photograph.
House Residential Symbolic possession Strong Buy

House for Auction Gnanamoorthy Nagar Chennai 59 Lakh by Bank of Baroda 28 Jul 2026

Gnanamoorthy Nagar, Chennai

Area: 990.0 Sq.ft

Flat No T2, Third Floor, Nethaji Street, Gnanamoorthy Nagar, Ambattur, Chennai 600 053.

Bank of Baroda · ROSARB : Chennai

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: 990.0 Sq.ft
  • Locality: Gnanamoorthy Nagar
  • Reserve: ₹59,00,000
  • EMD: ₹5,90,000

Auction snapshot

PossessionSymbolic
Property typeHouse · Residential
LocalityGnanamoorthy Nagar
Built-up / plot area990.0 Sq.ft
LenderBank of Baroda
BranchROSARB : Chennai
Unit / flat no.Flat No T2
FloorThird floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

House bank auction in Gnanamoorthy Nagar, Chennai by Bank of Baroda — reserve price ₹59,00,000, 990.0 Sq.ft, Symbolic possession.

Discover a prime bank auction property: a residential flat, Flat No T2, situated on the third floor in the sought-after Gnanamoorthy Nagar, Ambattur, Chennai. This spacious flat boasts a super-built up area of 990 sq.ft and includes an undivided share of 295 sq.ft of land, a covered car parking, and essential common facilities like bore well, sump, and lift. Located on Nethaji Street, Ambattur, Chennai 600 053, this property offers significant investment appeal. The auction is being conducted by Bank of Baroda with a reserve price of ₹59,00,000 and an EMD of ₹5,90,000. Property inspection is available on 2026-07-08. Don't miss this opportunity for a residential flat for sale in Chennai via bank auction.

GeoSquare note: This residential flat in Ambattur, Chennai, offers a strong investment opportunity due to its prime location and desirable property type. While possession is symbolic, the reserve price of ₹59,00,000 for a 990 sq.ft flat in Chennai makes it a competitive option. Interested buyers should conduct due diligence given the 'as is where is' clause, but the overall potential for capital appreciation is high.

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