Commercial Property for Auction Puzhal Gurushanthi Nagar Kavankarai Chennai 39.1 Lakh by Repco Home Finance Limited
Puzhal, Gurushanthi Nagar, Kavankarai, Chennai
Area: 2244.0 Sq.ft
No.81, Plot No.2 in Guru Shanthi Nagar 1st Street, Gurushanthi Nagar, Kavankarai, Puzhal, Chennai - 600066.
Repco Home Finance Limited · Corporate Office - Chennai
Reserve price
₹39,09,000
EMD ₹3,90,900
Auction date
16 Jul 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Area: 2244.0 Sq.ft
- ▸Locality: Puzhal, Gurushanthi Nagar, Kavankarai
- ▸Reserve: ₹39,09,000
- ▸EMD: ₹3,90,900
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Property · Commercial |
| Locality | Puzhal, Gurushanthi Nagar, Kavankarai |
| Built-up / plot area | 2244.0 Sq.ft |
| Lender | Repco Home Finance Limited |
| Branch | Corporate Office - Chennai |
| Unit / flat no. | Flat No.2S2 |
| Building / society | PEARL |
| Floor | 2nd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹30,000 |
| Service provider | bankauctions.in |
About this property
Commercial Property bank auction in Puzhal, Gurushanthi Nagar, Kavankarai, Chennai by Repco Home Finance Limited — reserve price ₹39,09,000, 2244.0 Sq.ft, Symbolic possession.
Discover a prime investment opportunity with this bank auction property from Repco Home Finance Limited. This 'Residential Cum Commercial Building' at No.81, Plot No.2 in Gurushanthi Nagar 1st Street, Puzhal, Chennai - 600066, offers a unique mixed-use potential. The property spans an extent of 2244 sq.ft of land (208.50 sq.mtr) and includes a residential flat (No.2S2) on the 2nd floor of the 'PEARL' building, with a super built-up area of 871 sq.ft, complete with covered car parking. Located in the bustling area of Puzhal, a key part of Chennai, this property is being sold on an 'as is where is' basis. The e-auction is scheduled for July 17, 2026, with a reserve price of ₹39,09,000. Interested bidders must submit their EMD by July 16, 2026. Contact Repco Home Finance, Anna Nagar Branch for inspection.
GeoSquare note: This property represents a strong investment opportunity due to its prime location in Puzhal, Chennai, and its versatile 'Residential Cum Commercial' classification, appealing to a broader market. The inclusion of a residential flat with parking further enhances its value. The reserve price of ₹39.09 Lacs appears reasonable for a mixed-use property of this size and location. While possession is symbolic and buyers must perform due diligence on encumbrances, the clear auction process and bank's involvement provide a degree of confidence.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.