Land and Building for Auction Erukkanchery Chennai 1.4 Crore by Central Bank of India
Erukkanchery, Chennai
Area: 1502 Sq.ft.
Plot No.8, New Door No.49, Old Door No.9, Survey No.80/4, Ethiraj Swamy Salai, Erukkanchery, Chennai-601 118
Central Bank of India · SEMBIAM BRANCH
Reserve price
₹1,39,00,000
EMD ₹13,90,000
Auction date
05 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1502 Sq.ft.
- ▸Locality: Erukkanchery
- ▸Reserve: ₹1,39,00,000
- ▸EMD: ₹13,90,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Erukkanchery |
| Built-up / plot area | 1502 Sq.ft. |
| Lender | Central Bank of India |
| Branch | SEMBIAM BRANCH |
| Unit / flat no. | Plot No.8, New Door No.49 |
| Floor | Ground Floor and First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Erukkanchery, Chennai by Central Bank of India — reserve price ₹1,39,00,000, 1502 Sq.ft., Symbolic possession.
Discover a prime residential bank auction property in Erukkanchery, Chennai. This Central Bank of India auction offers a 1502 Sq.ft. land and building, featuring a Ground Floor and First Floor, located on Ethiraj Swamy Salai. Situated in the sought-after Madhavaram area, this property, bearing Plot No.8 and New Door No.49, presents a significant investment opportunity. The reserve price is ₹13,900,000 with an EMD of ₹1,390,000. E-Auction is scheduled for 05.08.2026. Interested bidders can inspect the property on 04.08.2026. Don't miss this opportunity to acquire a valuable residential asset in Chennai through a bank auction property sale.
GeoSquare note: This property offers good potential as a residential 'Land and Building' in a metropolitan city like Chennai, specifically in the Erukkanchery locality. The area of 1502 Sq.ft. with a two-story building is suitable for families. While possession is symbolic, which is standard for SARFAESI auctions, the attractive reserve price for a prime location suggests a strong investment opportunity.
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