Land and Building for Auction Gandhi Nagar Adyar Chennai 4.4 Crore by Indian Bank
Gandhi Nagar, Adyar, Chennai
Area: 1748 Sq. ft.
Door No.27 & 29, (Old No. 12 & 12A), Fourth Main Road, Gandhi Nagar, Adyar Chennai-600 020
Indian Bank · STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI
Reserve price
₹4,41,90,000
EMD ₹44,19,000
Auction date
27 Jul 2026, 11:00 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: 1748 Sq. ft.
- ▸Locality: Gandhi Nagar, Adyar
- ▸Reserve: ₹4,41,90,000
- ▸EMD: ₹44,19,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Gandhi Nagar, Adyar |
| Built-up / plot area | 1748 Sq. ft. |
| Lender | Indian Bank |
| Branch | STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI |
| Unit / flat no. | Flat No.B |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Gandhi Nagar, Adyar, Chennai by Indian Bank — reserve price ₹4,41,90,000, 1748 Sq. ft., Symbolic possession.
Discover a prime bank auction property in Chennai: a spacious 1748 Sq. Ft. residential flat (Flat No.B) on the second floor, complete with two car parking spaces. This attractive 'Land and Building' offering is strategically located in Gandhi Nagar, Adyar, Guindy Taluk, Chennai-600 020, a sought-after residential hub. Offered by Indian Bank with a reserve price of ₹4.419 Crores, this investment property presents a significant opportunity. The auction details include an EMD of ₹44.19 Lakhs and a bid increment of ₹50,000. Possession is symbolic, and there are no known encumbrances. Participate in the e-auction on 2026-07-27 for this valuable Adyar flat for sale.
GeoSquare note: This property in Adyar, Chennai, presents a strong investment opportunity due to its prime residential location and spacious 1748 Sq. Ft. flat with two car parking spaces. The nil encumbrance and a reserve price of ₹4.419 Crores make it an attractive asset. While possession is symbolic, the overall positive attributes outweigh this, positioning it as a potentially lucrative acquisition.
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.