Godown for Auction Chennai Chennai 74.4 Lakh by Canara Bank 30 Jun 2026
Chennai, Chennai
Area: 215.301 Sq.M.
Godown in land, R.S. No.27/6, Cadastre No. 207/1/3, near Cemetery Road, Chennai, Tamil Nadu
Canara Bank · SPECIALIZED ARM BRANCH II CHENNAI
Reserve price
₹74,37,000
EMD ₹7,43,700
Auction date
30 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 215.301 Sq.M.
- ▸Locality: Chennai
- ▸Reserve: ₹74,37,000
- ▸EMD: ₹7,43,700
Auction snapshot
| Possession | Symbolic |
| Property type | Godown · Industrials |
| Locality | Chennai |
| Built-up / plot area | 215.301 Sq.M. |
| Lender | Canara Bank |
| Branch | SPECIALIZED ARM BRANCH II CHENNAI |
| Unit / flat no. | R.S. No.27/6, Cadastre No. 207/1/3 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Godown bank auction in Chennai, Chennai by Canara Bank — reserve price ₹74,37,000, 215.301 Sq.M., Symbolic possession.
Explore a unique opportunity to acquire an industrial godown through Canara Bank's e-auction in Chennai, Tamil Nadu. This prime commercial property, identified by R.S. No.27/6 and Cadastre No. 207/1/3, offers a remaining land area of 215.301 Sq.M. The auction features a reserve price of ₹74,37,000 and an EMD of ₹7,43,700, with a bid increment of ₹50,000. The e-auction is scheduled for June 30, 2026, from 11:00 AM to 12:00 Noon, with property inspection available on June 21, 2026. Ideal for businesses seeking a bank auction property in a strategic location, this listing presents a valuable investment. Possession status is symbolic.
GeoSquare note: This industrial godown located in Chennai offers a fair investment opportunity given its commercial utility and location. The reserve price of ₹74.37 lakhs is competitive for the property type and area. However, the symbolic possession status indicates that the buyer will need to undertake legal steps to secure physical possession, which adds a layer of complexity and potential delay, hence the 'Fair Option' recommendation.
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