Individual house sale: SBI E-Auction Property in St. Thomas Mount, Chennai – 6 BHK Individual House for ₹53.50 Lakhs

individual house sale: Looking for a residential property in Chennai through a bank auction? The State Bank of India (SBI) has listed an individual house located in St. Thomas Mount, Nandambakkam, Chennai, Tamil Nadu, under the SARFAESI Act.

The property is described as a two-floor individual house with 6 BHK accommodation and an east-facing orientation. The announced reserve price is ₹53,50,000, and the scheduled e-auction date is November 10, 2026.

Interested buyers should carefully review the property documents, auction terms, and applicable conditions before participating in the bidding process.

Property Overview

Property Detail	Information
Bank Name	State Bank of India (SBI)
Auction ID	374168
Bank Property ID	SBIN200017606226
Property Type	Individual House
Property Configuration	6 BHK
Property Structure	Two Floors
Facing	East
Property Ownership	Freehold
Title Deed Type	Registered Sale Deed
Property Age	21 Years
Water Availability	Yes
Loan Offer Availability	No
Auction Type	SARFAESI
CERSAI ID	400017645159
Price per Sq. Ft.	₹5,000 (as listed)
Reserve Price	₹53,50,000

Property Location

The property is situated at:

Plot No. 1 & 2, Door No. 12/20, Madha Koil 2nd Street, Mariapuram, Butt Road, St. Thomas Mount, Nandambakkam, Chennai, Tamil Nadu – 600016.

The location is in the St. Thomas Mount area of Chennai. According to the listing, nearby transport facilities include Chennai Airport, Saidapet Railway Station, and Saidapet Bus Stand.

Buyers should independently verify the exact property location, road access, neighbourhood facilities, and travel distances before making a purchase decision.

SBI Bank Auction Details

The following auction schedule and financial details have been provided in the property listing.

Auction Information	Details
Auction Date	10 November 2026
Auction Start Time	11:00 AM
Auction End Time	4:00 PM
Reserve Price	₹53,50,000
Earnest Money Deposit (EMD)	₹5,35,000
EMD Start Date	14 October 2026, 6:21 PM
EMD Submission Deadline	10 November 2026, 3:55 PM
Auction Officer	Ravichandran V
Contact Number	9884107765

Important: The reserve price is the minimum benchmark specified for the auction, not a guarantee of the final purchase price. The final price will depend on the bidding process and applicable auction terms.

Property Description: individual house Sale

This bank-auction property is listed as an east-facing individual house with six bedrooms and a two-floor structure. The listing states that water is available at the property.

The property is offered under the SARFAESI process, and the ownership is described as freehold. The title deed type is mentioned as a registered sale deed.

However, prospective bidders should not assume that the property is vacant, free from legal disputes, or ready for immediate occupation. These details must be verified through the bank’s official auction documents and an independent legal review.

The listing also states that a loan offer is not available for this property. Buyers should confirm the applicable payment requirements and arrange funds according to the bank’s auction conditions.

How to Participate in the SBI Property Auction

Interested bidders should take the following steps before participating:

1. Obtain the official auction notice from the State Bank of India.
2. Verify the property’s title, ownership records, survey or plot details, and applicable encumbrances.
3. Check whether physical possession or symbolic possession is being offered.
4. Review the inspection schedule, terms of sale, payment deadlines, and EMD refund conditions.
5. Confirm the official payment account and auction registration process directly with SBI.
6. Arrange the required EMD of ₹5,35,000 and complete registration in accordance with the official notice.
7. Inspect the property, where permitted, before submitting a bid.

Do not transfer the EMD or any other amount based solely on an advertisement or third-party listing. Verify all payment instructions with the bank through its official channels.

Contact Details

Auction Officer: Ravichandran V
Contact Number: Website Link
Bank: State Bank of India
Auction ID: 374168
Bank Property ID: SBIN200017606226

Contact the bank officer to confirm the current auction status, property inspection arrangements, official auction notice, and eligibility requirements. Verify the contact number independently before sharing personal or financial information.

Important Disclaimer

This article is prepared using the property and auction information provided in the listing. It is for general informational purposes only and does not constitute a legal opinion, financial advice, or an official SBI auction notice.

The reserve price, auction schedule, EMD deadline, property details, possession status, and other conditions are subject to confirmation by the State Bank of India. The property is listed under the SARFAESI process. Interested buyers should review the official sale notice and obtain independent legal advice before participating.

Last Updated: 19 October 2026.