Commercial Unit in Chennai
Property 114, Sector 7, Chennai, Chennai, Tamil Nadu
Reserve Price
1.78 Cr
2.28 Cr
Asset Overview
Commercial Unit scheduled for e-auction in Chennai under SARFAESI proceedings.
Area
1,760
sq ft
Bedrooms
NA
BHK
Bathrooms
NA
bath
Price/sq ft
10,142
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 commercial in Chennai, Tamil Nadu was sourced from an official SARFAESI notice published by State Bank of India (Chennai Main Branch branch). The property carries a reserve price of 1.78 Cr against a market benchmark of 2.28 Cr, representing a 22% differential. Possession is currently symbolic. The auction is scheduled for 4 August 2026 at 10:00 AM. Prospective bidders should independently verify all details, including encumbrance status and EMD requirements, with the issuing branch before participation.