2 BHK Apartment in Chennai
Property 70, Sector 17, Chennai, Chennai, Tamil Nadu
Reserve Price
1.23 Cr
1.57 Cr
Asset Overview
2 BHK Apartment scheduled for e-auction in Chennai under SARFAESI proceedings.
Area
980
sq ft
Bedrooms
2
BHK
Bathrooms
2
bath
Price/sq ft
12,500
INR
Legal & Banking Details
SARFAESI Act Advisory
This listing is published under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Confirm EMD amount, encumbrance status, possession stage, and inspection schedule directly with the issuing branch before bidding.
Source & Verification
Listing Provenance
This apartment in Chennai, Tamil Nadu was sourced from an official SARFAESI notice published by Canara Bank (Chennai Main Branch branch). The property carries a reserve price of 1.23 Cr against a market benchmark of 1.57 Cr, representing a 22% differential. Possession is currently symbolic. The auction is scheduled for 21 June 2026 at 14:00 AM. Prospective bidders should independently verify all details, including encumbrance status and EMD requirements, with the issuing branch before participation.