Representative illustration — House bank auction in Mannivakkam
Representative illustration — not the actual property photograph.
House Residential Symbolic possession Strong Buy

House for Auction Mannivakkam Chennai 40.1 Lakh by Canara Bank 30 Jun 2026

Mannivakkam, Chennai

Area: 770 sq ft

Plot No 44, Mannivakkam Village, Chengalpet Taluk, Kancheepuram District

Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH-I

Reserve price

₹40,08,000

EMD ₹4,00,800

Auction date

30 Jun 2026, 10:30 AM

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Quick read

  • Possession: Symbolic
  • Area: 770 sq ft
  • Locality: Mannivakkam
  • Reserve: ₹40,08,000
  • EMD: ₹4,00,800

Auction snapshot

PossessionSymbolic
Property typeHouse · Residential
LocalityMannivakkam
Built-up / plot area770 sq ft
LenderCanara Bank
BranchASSET RECOVERY MANAGEMENT BRANCH-I
Unit / flat no.Plot No 44
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

House bank auction in Mannivakkam, Chennai by Canara Bank — reserve price ₹40,08,000, 770 sq ft, Symbolic possession.

Discover a prime residential bank auction property in Mannivakkam, Chennai, Tamil Nadu. This house site, Plot No 44, measures 770 sq ft and includes a 550 sq ft residential house on the ground floor, situated in Survey No 265/3. The property boasts an approved CMDA layout (PP D/LO NO 66/2001) and is well-connected, located within the Guduvancherry sub-registration district. Offered by Canara Bank via e-auction, the reserve price is ₹40,08,000.0 with an EMD of ₹4,00,800.0. The auction is scheduled for June 30, 2026, with property inspection on June 19, 2026. This presents an excellent opportunity for home buyers and investors looking for a valuable asset in Chennai. Contact Canara Bank for more details on this bank auction property for sale.

GeoSquare note: This property is a strong buy due to its residential nature and clear location in Mannivakkam, Chennai, a developing area with good connectivity. The detailed description, along with an approved CMDA layout, adds to its appeal and value proposition. The specified reserve price is competitive, and the symbolic possession is standard for bank auctions. Overall, it represents a good investment opportunity.

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