Land and Building for Auction Kannadapalayam Vellanur Chennai 97.5 Lakh by Canara Bank
Kannadapalayam, Vellanur, Chennai
Area: 4030.0 sq.ft.
Old Door No. 16, New Door No.57, Pillaiyar Koil Street, Kannadapalayam, Vellanur, Avadi, Chennai 600 062
Canara Bank · REGIONAL OFFICE CHENNAI NORTH
Reserve price
₹97,50,000
EMD ₹9,75,000
Auction date
22 Jul 2026, 11:30 AM
Auction notice
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Quick read
- ▸Possession: Symbolic/Constructive/Physical
- ▸Area: 4030.0 sq.ft.
- ▸Locality: Kannadapalayam, Vellanur
- ▸Reserve: ₹97,50,000
- ▸EMD: ₹9,75,000
Auction snapshot
| Possession | Symbolic/Constructive/Physical |
| Property type | Land And Building · Residential |
| Locality | Kannadapalayam, Vellanur |
| Built-up / plot area | 4030.0 sq.ft. |
| Lender | Canara Bank |
| Branch | REGIONAL OFFICE CHENNAI NORTH |
| Unit / flat no. | Old Door No. 16, New Door No.57 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Kannadapalayam, Vellanur, Chennai by Canara Bank — reserve price ₹97,50,000, 4030.0 sq.ft., Symbolic/Constructive/Physical possession.
Discover a prime residential bank auction property in Chennai! This offering from Canara Bank features a substantial land and building spanning 4030 sq.ft. located at Old Door No. 16, New Door No.57, Pillaiyar Koil Street, Kannadapalayam, Vellanur, Avadi, Chennai 600 062. With a reserve price of ₹97.5 Lakhs, this presents an excellent investment opportunity for buyers looking for residential properties in the rapidly developing Avadi region of Chennai. The e-auction is scheduled for July 22, 2026, with an inspection on July 17, 2026. Secure your chance to own a valuable residential asset through this bank auction sale.
GeoSquare note: This residential land and building in Vellanur, Avadi, Chennai, offers a significant plot size of 4030 sq.ft. at a competitive reserve price of ₹97.5 Lakhs. Chennai's real estate market, particularly in developing areas like Avadi, shows strong growth potential. The 'Symbolic/Constructive/Physical' possession status allows flexibility for the buyer, making it an attractive option for both end-users and investors seeking a valuable asset through a bank auction.
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