Land and Building for Auction Dhanalakshmi Nagar Avadi Chennai 47 Lakh by Indian Bank
Dhanalakshmi Nagar, Avadi, Chennai
Area: 1375 sq. ft.
Door No.3, Plot No.8, Komathi Street, Sindhu Nagar, Dhanalakshmi Nagar, Vilinjiambakkam Village, Poonamallee Taluk, Avadi, Chennai 600054
Indian Bank · anna nagar
Reserve price
₹47,00,000
EMD ₹4,70,000
Auction date
23 Jul 2026, 10:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Area: 1375 sq. ft.
- ▸Locality: Dhanalakshmi Nagar, Avadi
- ▸Reserve: ₹47,00,000
- ▸EMD: ₹4,70,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Dhanalakshmi Nagar, Avadi |
| Built-up / plot area | 1375 sq. ft. |
| Lender | Indian Bank |
| Branch | anna nagar |
| Unit / flat no. | Plot No. 8, Door No. 3 |
| Building / society | Dhanalakshmi Nagar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Dhanalakshmi Nagar, Avadi, Chennai by Indian Bank — reserve price ₹47,00,000, 1375 sq. ft., Symbolic possession.
Participate in the bank auction for a residential land and building located in the prime locality of Dhanalakshmi Nagar, Avadi, Chennai. This property, bearing Door No.3, Plot No.8, Komathi Street, Sindhu Nagar, offers an extent of 1375 sq. ft. and is situated in the Thiruvallur District. The auction is managed by Indian Bank, Anna Nagar West Branch, with a reserve price of ₹47,00,000 and an EMD of ₹4,70,000. Ideal for residential investment, this property falls under the sub-registration district of Avadi. The e-auction is scheduled for 23rd July 2026. This bank auction property presents a significant opportunity for buyers looking for residential land in a well-connected area of Chennai. Interested bidders can inspect the property between 16th July and 17th July 2026.
GeoSquare note: The property is located in an established residential pocket in Avadi, making it a decent investment choice for residential purposes. However, the 'Symbolic' possession status and the need for legal verification regarding the current occupancy necessitate caution for potential bidders. The reserve price is competitive for the Chennai market, but investors should conduct thorough due diligence.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.