House for Auction Neelangarai Chennai 43.2 Lakh by Union Bank of India 12 Jun 2026
Neelangarai, Chennai
Area: 2400 sqft
Semmanchery Village, SRP Nagar, 7 Cross Street, Sholinganallur Taluk, Chennai Corporation Area, Survey No 385/1 part, Patta No 6523 (Survey No 385/38), Plot No 148
Union Bank of India · Asset Recovery Branch
Reserve price
₹43,20,000
EMD ₹4,32,000
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2400 sqft
- ▸Locality: Neelangarai
- ▸Reserve: ₹43,20,000
- ▸EMD: ₹4,32,000
Auction snapshot
| Possession | Symbolic |
| Property type | House · Residential |
| Locality | Neelangarai |
| Built-up / plot area | 2400 sqft |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Plot No 148, Flat No C-1 |
| Building / society | SRP Nagar |
| Floor | Third Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
House bank auction in Neelangarai, Chennai by Union Bank of India — reserve price ₹43,20,000, 2400 sqft, Symbolic possession.
Seize the opportunity to own a house in Neelangarai, Chennai, through a bank auction property offered by Union Bank of India. The property is located in Semmanchery Village, SRP Nagar, featuring a house on a plot of 2400 sqft. The auction includes symbolic possession with a reserve price of ₹4,320,000 and an EMD of ₹432,000. Don't miss out on this prime real estate investment opportunity in Chennai! View details and participate in the bank auction to acquire this valuable property.
GeoSquare note: This property presents a reasonable investment given its location in Neelangarai, Chennai, and the relatively affordable reserve price. The symbolic possession adds a layer of complexity. Further due diligence is recommended to assess the property's condition and legal standing thoroughly before bidding.
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