Land and Building for Auction Thanikachalam Nagar Madhavaram Chennai 62 Lakh by Truhome Finance Limited 26 Jun 2026
Thanikachalam Nagar, Madhavaram, Chennai
Area: 1172.0 Sq.Ft.
Plot No. 158C, Flat No.F1, SHRI FLATS, Karthick Streets, Thanikachalam Nagar, Madhavaram Village, Chennai District
TRUHOME FINANCE LIMITED · Head Office : Mumbai
Reserve price
₹62,00,000
EMD ₹6,20,000
Auction date
26 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1172.0 Sq.Ft.
- ▸Locality: Thanikachalam Nagar, Madhavaram
- ▸Reserve: ₹62,00,000
- ▸EMD: ₹6,20,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Thanikachalam Nagar, Madhavaram |
| Built-up / plot area | 1172.0 Sq.Ft. |
| Lender | TRUHOME FINANCE LIMITED |
| Branch | Head Office : Mumbai |
| Unit / flat no. | Plot No. 158C, Flat No. F1 |
| Building / society | SHRI FLATS |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | Public Auction |
About this property
Land And Building bank auction in Thanikachalam Nagar, Madhavaram, Chennai by TRUHOME FINANCE LIMITED — reserve price ₹62,00,000, 1172.0 Sq.Ft., Symbolic possession.
Discover a bank auction property for sale in Chennai. This residential flat, Plot No. 158C, Flat No.F1 within 'SHRI FLATS', offers a built-up area of 1172 Sq.Ft. along with an undivided share of land (UDS 506 Sq.Ft.). Located in the prime Thanikachalam Nagar, Madhavaram, this property is situated in a well-developing area of Chennai. The auction is scheduled for June 26, 2026, with a reserve price of ₹62,00,000. Potential buyers can inspect the property on June 25, 2026. This Madhavaram bank auction property offers a great investment opportunity for those seeking a residential flat in Chennai.
GeoSquare note: This residential flat in Madhavaram, Chennai, presents a strong investment opportunity with a competitive reserve price of ₹62 lakhs for a 1172 Sq.Ft. built-up area. The location is developing, offering potential for appreciation. While possession is symbolic, which requires buyer diligence, the 'Not Known' encumbrance status provides some assurance, making it a potentially valuable asset for buyers willing to navigate the possession process.
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