Land and Building for Auction Athipattu Village Chennai 58.5 Lakh by Union Bank of India 12 Jun 2026
Athipattu Village, Chennai
Area: 2690 Sq.ft.
Plot no.52, Arokiya Nagar Layout, Athipattu Village, Ponneri Taluk, Minjur Panchayat Union Limits
Union Bank of India · Asset Recovery Branch
Reserve price
₹58,50,000
EMD ₹5,85,000
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 2690 Sq.ft.
- ▸Locality: Athipattu Village
- ▸Reserve: ₹58,50,000
- ▸EMD: ₹5,85,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Athipattu Village |
| Built-up / plot area | 2690 Sq.ft. |
| Lender | Union Bank of India |
| Branch | Asset Recovery Branch |
| Unit / flat no. | 52 |
| Building / society | Arokiya Nagar Layout |
| Floor | First and Second Floors |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Athipattu Village, Chennai by Union Bank of India — reserve price ₹58,50,000, 2690 Sq.ft., Physical possession.
Bank auction property! A prime land and building opportunity in Ponneri, Chennai. This 2690 sq.ft. property features a building with First and Second floors, located in Plot no.52, Arokiya Nagar Layout, Athipattu Village. The reserve price is ₹5850000.0 with an EMD of ₹585000.0. E-auction on 2026-06-12. Don't miss this chance to invest in a strategically located property with physical possession in a developing area of Chennai.
GeoSquare note: The property's location in Ponneri, Chennai, combined with physical possession and the presence of a building, makes it a worthwhile investment. The reserve price seems reasonable for the area and potential for future appreciation. Investors should consider the encumbrance details and factor them into their bidding strategy.
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