Land and Building for Auction Besant Nagar Chennai 14.2 Crore by Indian Bank
Besant Nagar, Chennai
Area: 3842.5 sq. ft.
Plot No.20, Old Door No.20, New Door No.31/1, Urur Olcott Kuppam Road, Besant Nagar, Chennai-600 090
Indian Bank · STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI
Reserve price
₹14,25,00,000
EMD ₹1,42,50,000
Auction date
25 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3842.5 sq. ft.
- ▸Locality: Besant Nagar
- ▸Reserve: ₹14,25,00,000
- ▸EMD: ₹1,42,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Besant Nagar |
| Built-up / plot area | 3842.5 sq. ft. |
| Lender | Indian Bank |
| Branch | STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI |
| Unit / flat no. | Plot No. 20 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Besant Nagar, Chennai by Indian Bank — reserve price ₹14,25,00,000, 3842.5 sq. ft., Symbolic possession.
Explore this prime bank auction property featuring land and building located in the highly sought-after Besant Nagar, Chennai. This commercial property, spanning approximately 3842.5 sq. ft., is being auctioned by Indian Bank. Situated at a prestigious address on Urur Olcott Kuppam Road, this asset represents a significant opportunity for investors looking for high-value real estate in a well-connected locality. With a reserve price of ₹14.25 Crores, this property is available for e-auction on 25.08.2026. Interested buyers should note the symbolic possession status and conduct necessary due diligence before participating. Don't miss this chance to acquire a commercial asset in Chennai's prominent residential and commercial hub.
GeoSquare note: The property is located in the premium Besant Nagar area of Chennai, offering excellent commercial potential due to its strategic location and significant land parcel size. While it is currently under symbolic possession, the location's high real estate value makes it a strong investment candidate for developers or investors seeking a flagship asset.
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