Land and Building for Auction George Town Chennai 74 Lakh by Fedbank Financial Services Ltd
George Town, Chennai
Area: 1230 sq. ft.
Old No 21, Present Municipal Door No 49, New No 26, Muthu Naicken Street, George Town, Chennai-600001
Fedbank Financial Services Ltd · Registered Office:Mumbai
Reserve price
₹74,00,000
EMD ₹7,40,000
Auction date
14 Aug 2026, 10:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 1230 sq. ft.
- ▸Locality: George Town
- ▸Reserve: ₹74,00,000
- ▸EMD: ₹7,40,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | George Town |
| Built-up / plot area | 1230 sq. ft. |
| Lender | Fedbank Financial Services Ltd |
| Branch | Registered Office:Mumbai |
| Unit / flat no. | Door No 49 |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | Public Auction |
About this property
Land And Building bank auction in George Town, Chennai by Fedbank Financial Services Ltd — reserve price ₹74,00,000, 1230 sq. ft., Physical possession.
Explore this prime bank auction property located in the heart of George Town, Chennai. This commercial land and building property, situated on Muthu Naicken Street, offers a total built-up area of 1230 sq. ft. on the ground floor. This represents a lucrative opportunity for investors looking for commercial real estate in Chennai's bustling trade district. The auction is conducted by Fedbank Financial Services Ltd with a reserve price of ₹74,00,000. Interested buyers must submit their EMD by 13th August 2026. This is a rare chance to acquire a centrally located asset in a high-demand area. Visit the property on 8th August 2026 for inspection. Secure your investment in this prime Chennai locality through this transparent bank auction process.
GeoSquare note: The property is located in a high-value, historic commercial district of Chennai (George Town), making it an excellent investment for commercial use. With physical possession taken by the bank, the legal risk is significantly mitigated. The reserve price is competitive for the location, offering strong potential for future capital appreciation.
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