Land and Building for Auction Balaji Nagar Kolathur Chennai 66 Lakh by Indian Bank
Balaji Nagar, Kolathur, Chennai
Area: 1150.0 Sq. ft.
Flat No. S-1, Second Floor, Mayuri Sun Shine, Plot No.1, Balaji Nagar, Kolathur, Chennai-600 099, Tamil Nadu
Indian Bank · SELAIYUR BRANCH
Reserve price
₹66,00,000
EMD ₹6,60,000
Auction date
18 Jul 2026, 10:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 1150.0 Sq. ft.
- ▸Locality: Balaji Nagar, Kolathur
- ▸Reserve: ₹66,00,000
- ▸EMD: ₹6,60,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Balaji Nagar, Kolathur |
| Built-up / plot area | 1150.0 Sq. ft. |
| Lender | Indian Bank |
| Branch | SELAIYUR BRANCH |
| Unit / flat no. | Flat No. S-1 |
| Building / society | Mayuri Sun Shine |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Balaji Nagar, Kolathur, Chennai by Indian Bank — reserve price ₹66,00,000, 1150.0 Sq. ft., Physical possession.
Discover a prime residential bank auction property in Chennai! This 2BHK flat, No. S-1, is located on the Second Floor of the 'Mayuri Sun Shine' building in Balaji Nagar, Kolathur, Chennai-600 099. Boasting a super built-up area of 1150 Sq. ft., the property includes a covered car parking and is part of a 4500 Sq. ft. land parcel (UDS 450 Sq. ft.). Indian Bank is auctioning this property with a reserve price of ₹66.00 Lakhs and a physical possession status, making it a highly attractive investment. There are no known prior encumbrances. The e-auction is scheduled for July 18, 2026. Don't miss this opportunity to buy a flat for sale in Kolathur, Chennai through a bank auction.
GeoSquare note: This property scores high due to its location in Chennai's Kolathur area, a desirable residential locality. The physical possession status and the absence of prior encumbrances significantly de-risk the investment. With a reasonable reserve price for a 2BHK flat of 1150 sq. ft., this bank auction property presents a strong opportunity for investors or homebuyers.
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