Land and Building for Auction Korattur Chennai 52.1 Lakh by Canara Bank
Korattur, Chennai
Area: 1091 sq. ft.
Door No. 54 Water Canal Road, Orchid Springs, Korattur, Chennai, Tamil Nadu
Canara Bank · Specialised ARM Branch
Reserve price
₹52,14,000
EMD ₹5,21,400
Auction date
28 Sep 2026, 11:00 AM
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Quick read
- ▸Possession: Not Known to Bank
- ▸Area: 1091 sq. ft.
- ▸Locality: Korattur
- ▸Reserve: ₹52,14,000
- ▸EMD: ₹5,21,400
Auction snapshot
| Possession | Not Known to Bank |
| Property type | Land And Building · Residential |
| Locality | Korattur |
| Built-up / plot area | 1091 sq. ft. |
| Lender | Canara Bank |
| Branch | Specialised ARM Branch |
| Unit / flat no. | Apartment No. 1105 |
| Building / society | Alliance Orchid Springs, Maple Tower |
| Floor | Eleventh Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Korattur, Chennai by Canara Bank — reserve price ₹52,14,000, 1091 sq. ft., Not Known to Bank possession.
Invest in a prime residential property with this bank auction property located in the prestigious Alliance Orchid Springs, Korattur, Chennai. This 1091 sq. ft. flat is situated on the eleventh floor of Maple Tower and includes an exclusive open car parking space. The property, located at Door No. 54 Water Canal Road, offers excellent connectivity and modern living standards. With a reserve price of ₹52,14,000, this auction presents a significant opportunity for homebuyers and investors looking for residential apartments in Chennai. The auction is scheduled for September 28, 2026, through Canara Bank. Do not miss this chance to acquire a valuable asset in a well-developed neighborhood.
GeoSquare note: The property is located in a well-known residential township 'Alliance Orchid Springs', which adds significant market value and investment potential. Given the apartment type and the reserve price, this is a strong buy for end-users and investors. However, bidders should conduct thorough due diligence on the possession status prior to the auction.
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