Representative illustration — Land And Building bank auction in Anna Nagar, Omakulam Mathur
Representative illustration — not the actual property photograph.
Land And Building Residential Symbolic possession Strong Buy

Land and Building for Auction Anna Nagar Omakulam Mathur Chennai 72 Lakh by Central Bank of India

Anna Nagar, Omakulam Mathur, Chennai

Area: 2414 Sq.ft.

Plot No.57, Anna Nagar, Omakulam Mathur (post), Survey No. 17/28, New S.No. 17/9, Patta No. 1808 of No.40, Mathur Village, Madhavaram Taluk, Chennai-600 068

Central Bank of India · SEMBIAM BRANCH

Reserve price

₹72,00,000

EMD ₹7,20,000

Auction date

23 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 2414 Sq.ft.
  • Locality: Anna Nagar, Omakulam Mathur
  • Reserve: ₹72,00,000
  • EMD: ₹7,20,000

Auction snapshot

PossessionSymbolic
Property typeLand And Building · Residential
LocalityAnna Nagar, Omakulam Mathur
Built-up / plot area2414 Sq.ft.
LenderCentral Bank of India
BranchSEMBIAM BRANCH
Unit / flat no.Plot No.57
FloorGround Floor, Upper Ground Floor, First Floor
Auction typeSARFAESI Auction
Bid increment₹20,000
Service providerBAANKNET

About this property

Land And Building bank auction in Anna Nagar, Omakulam Mathur, Chennai by Central Bank of India — reserve price ₹72,00,000, 2414 Sq.ft., Symbolic possession.

Seize this prime opportunity to acquire a spacious residential Land & Building (House) via bank auction. This property, spanning 2414 sq.ft. of land with a substantial multi-floor building (Ground Floor 2414 sq.ft, Upper Ground Floor 410 sq.ft, First Floor 2414 sq.ft.), is strategically located in Anna Nagar, Omakulam Mathur, Madhavaram Taluk, Chennai-600068. Offered by Central Bank of India, Sembiam Branch, the e-auction for this valuable Chennai property is scheduled for 23.07.2026 from 11:00 a.m. to 04:00 p.m. The reserve price is ₹72,00,000 with an EMD of ₹7,20,000. Inspections are available on 21.07.2026. This bank auction property presents a significant investment opportunity in a well-established Chennai locality. The sale is on an 'as is where is' basis with symbolic possession.

GeoSquare note: This property is a strong buy due to its prime residential location in Anna Nagar, Chennai, a highly sought-after area. The substantial land area of 2414 sq.ft. with a multi-floor building offers significant value. While possession is symbolic, which is common in bank auctions, the competitive reserve price of ₹72,00,000 makes it an attractive investment for potential homeowners or investors looking for a valuable asset in a key metropolitan area.

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