Chennai: A two-day Multi-Bank Asset Fair 2026, organised by banks in association with The Times of India, will be held on Oct 31 and Nov 1, from 10am to 7pm, at Express Avenue Mall, Royapettah. It will offer prospective property buyers, investors and businesses an opportunity to explore a wide range of secured assets available for sale under the SARFAESI Act, 2002.Visitors can explore residential, commercial and industrial properties, as well as vacant land, across Chennai, Coimbatore, Madurai, Tiruchirappalli, Salem, Tirunelveli, Vellore, Tiruppur, Erode, Puducherry, Bengaluru, Hyderabad, Kochi and other key cities across Tamil Nadu and South India. A key feature of the fair is the opportunity to interact directly with representatives from participating banks.Visitors can seek information on available properties, reserve prices, eligibility criteria, documentation requirements and applicable sale procedures. This common platform enables prospective buyers to explore multiple listings in one place.The fair will also guide property acquisition processes, including e-auction registration, Earnest Money Deposit (EMD) requirements, property inspection, bidding guidelines, timelines and post-auction formalities. Depending on the property and the bank’s terms, sales may take place through approved mechanisms such as e-auctions or private treaty sales. Visitors can obtain preliminary information on property financing options.Prospective buyers are encouraged to verify property details, review applicable terms and conditions, and undertake appropriate legal and financial due diligence before proceeding.
