Land and Building for Auction Madanandapuram Village Madha Nagar Chennai 70.3 Lakh by Canara Bank 25 Jun 2026
Madanandapuram Village, Madha Nagar, Chennai
Area: 5630 sq. ft.
Plot No. 60, Madha Nagar & Plot No. 33, Madha Nagar Extension-1, Madanandapuram Village, Sriperumbudur Taluk, Kancheepuram District, with Flat No. D2, VAIJAYANTHI ILLAM
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH-I
Reserve price
₹70,30,000
EMD ₹7,03,000
Auction date
25 Jun 2026, 11:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 5630 sq. ft.
- ▸Locality: Madanandapuram Village, Madha Nagar
- ▸Reserve: ₹70,30,000
- ▸EMD: ₹7,03,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Madanandapuram Village, Madha Nagar |
| Built-up / plot area | 5630 sq. ft. |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH-I |
| Unit / flat no. | Plot No. 60, Plot No. 33, Flat No. D2 |
| Building / society | VAIJAYANTHI ILLAM, Madha Nagar |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Madanandapuram Village, Madha Nagar, Chennai by Canara Bank — reserve price ₹70,30,000, 5630 sq. ft., Symbolic possession.
Seize a prime residential investment opportunity with this Canara Bank e-auction property. Located in Madanandapuram Village, Sriperumbudur Taluk, Kancheepuram District, part of South Chennai, this listing includes two plots (Plot No. 60 - 3036 sq ft & Plot No. 33 - 2594 sq ft) totaling 5630 sq ft of land, alongside a 1379 sq ft First Floor flat (D2 in VAIJAYANTHI ILLAM) with an undivided share of 500 sq ft. This bank auction property offers significant potential for homebuyers or investors in the growing Chennai real estate market. The e-auction is scheduled for June 25, 2026, with a reserve price of ₹70.30 Lakhs and an EMD of ₹7.03 Lakhs. Property inspection is available on June 24, 2026. Don't miss this chance to acquire a versatile land and building for sale in a strategic Chennai locality.
GeoSquare note: This property offers a compelling investment opportunity due to its strategic location in Madanandapuram Village, Sriperumbudur Taluk, South Chennai, an area with good growth potential. The combination of two land parcels and a flat provides versatility for residential development or occupation. While possession is symbolic, which is standard for bank auctions, the competitive reserve price of ₹70.30 Lakhs makes it an attractive proposition for buyers looking for residential assets in Chennai.
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