Land and Building for Auction Kundrathur Chennai 34 Lakh by Bank of India 25 Jun 2026
Kundrathur, Chennai
Area: 126769.6 sq. ft.
Plot No 38, Door No. 38/4 in Jasmine, Park City Layout, Umayalparancheri Village, Kundrathur, Sriperumbudur Taluk, Kancheepuram District, Tamil Nadu
Bank of India · CHENNAI ASSET RECOVERY BRANCH
Reserve price
₹34,00,000
EMD ₹3,40,000
Auction date
25 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 126769.6 sq. ft.
- ▸Locality: Kundrathur
- ▸Reserve: ₹34,00,000
- ▸EMD: ₹3,40,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Kundrathur |
| Built-up / plot area | 126769.6 sq. ft. |
| Lender | Bank of India |
| Branch | CHENNAI ASSET RECOVERY BRANCH |
| Unit / flat no. | Plot No 38, Door No. 38/4 |
| Building / society | Park City Layout |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Kundrathur, Chennai by Bank of India — reserve price ₹34,00,000, 126769.6 sq. ft., Symbolic possession.
An excellent opportunity to acquire a substantial 'Land and Building' property through a bank auction in the developing Kundrathur area of Chennai. This mixed-use asset features multiple components: a large land parcel spanning 2 acres and 91 cents (approximately 126,769.6 sq ft), a separate plot (Plot No. 38) measuring 4902 sq ft within 'Park City Layout', and a residential unit (Door No. 38/4 in Jasmine) with a constructed area of 1520 sq ft on an undivided land share of 1225.5 sq ft. Located in Umayalparancheri Village, Kundrathur, this bank auction property offers significant potential for residential or future commercial development. The e-auction by Bank of India is scheduled for June 25, 2026, with a reserve price of ₹3,400,000. Bidders must submit an EMD of ₹340,000 by June 24, 2026. Property inspection is available on June 18, 2026. Don't miss this prime investment in a growing Chennai locality.
GeoSquare note: This property presents a strong investment opportunity due to its versatile 'Land and Building' nature, encompassing a significant land area and a residential unit. Its location in Kundrathur, Chennai, a rapidly developing suburban belt, offers good appreciation potential. The reserve price of ₹3.4 Million is attractive for the extensive area. Although possession is symbolic, indicating potential post-auction efforts, the overall package makes it a compelling acquisition for growth-oriented investors.
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