Representative illustration — House bank auction in Murugan Nagar & JP Avenue, Puthur Village
Representative illustration — not the actual property photograph.
House Residential Symbolic possession Strong Buy

House for Auction Murugan Nagar Jp Avenue Puthur Village Chennai 54.1 Lakh by Bank of Maharashtra

Murugan Nagar & JP Avenue, Puthur Village, Chennai

Area: 945.0 Sq. ft.

No. 10, Puthur Village, Vandalur Taluk, Chengalpet Taluk, Kancheepuram District.

Bank of Maharashtra · Head Office : Pune

Reserve price

₹54,12,000

EMD ₹5,41,200

Auction date

11 Aug 2026, 01:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 945.0 Sq. ft.
  • Locality: Murugan Nagar & JP Avenue, Puthur Village
  • Reserve: ₹54,12,000
  • EMD: ₹5,41,200

Auction snapshot

PossessionSymbolic
Property typeHouse · Residential
LocalityMurugan Nagar & JP Avenue, Puthur Village
Built-up / plot area945.0 Sq. ft.
LenderBank of Maharashtra
BranchHead Office : Pune
Unit / flat no.Flat No.A1-F2
Building / societyVishnu Flats
FloorFirst Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

House bank auction in Murugan Nagar & JP Avenue, Puthur Village, Chennai by Bank of Maharashtra — reserve price ₹54,12,000, 945.0 Sq. ft., Symbolic possession.

Discover a promising bank auction property in Murugan Nagar & JP Avenue, Puthur Village, Chengalpet, Chennai. This residential offering includes a house site (totaling 3788 sq. ft. across Plot No.A1 & A2) along with a First Floor Flat (No.A1-F2) within Vishnu Flats, boasting a super built-up area of 945 sq. ft. and an undivided land share of 398 sq. ft. The property is located at No. 10, Puthur Village, Vandalur Taluk, Chengalpet, Kancheepuram District, falling within the Tambaram Registration District. Auction details include a reserve price of ₹54,12,000 and an EMD of ₹5,41,200. The e-auction is scheduled for August 11, 2026, from 1:00 PM to 5:00 PM. Inspection dates are August 5th and 6th, 2026. This symbolic possession property, free of known encumbrances, represents a valuable investment opportunity in a developing Chennai suburb.

GeoSquare note: This property, featuring both a house site and a well-sized flat in Chennai's developing Chengalpet area, presents a strong investment opportunity. The clear description of land plots and a specific flat with a super built-up area of 945 sq. ft. is appealing. While possession is symbolic, which requires buyer due diligence, the location and price point make it attractive. The known encumbrance status as 'Nil' from the bank adds to its appeal, making it a potentially lucrative asset.

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