Land and Building for Auction Madhavaram Chennai 32.6 Lakh by Canara Bank
Madhavaram, Chennai
Area: 805 sq. ft.
Flat No. G1, Ground Floor, Block No. 18, Annapoorna Nagar, Madhavaram, Chennai
Canara Bank · Specialised ARM Branch
Reserve price
₹32,58,000
EMD ₹3,25,800
Auction date
28 Sep 2026, 11:00 AM
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Quick read
- ▸Area: 805 sq. ft.
- ▸Locality: Madhavaram
- ▸Reserve: ₹32,58,000
- ▸EMD: ₹3,25,800
Auction snapshot
| Possession | — |
| Property type | Land And Building · Residential |
| Locality | Madhavaram |
| Built-up / plot area | 805 sq. ft. |
| Lender | Canara Bank |
| Branch | Specialised ARM Branch |
| Unit / flat no. | Flat No. G1 |
| Building / society | Annapoorna Nagar |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Madhavaram, Chennai by Canara Bank — reserve price ₹32,58,000, 805 sq. ft..
Invest in this prime residential bank auction property located in the well-connected Madhavaram area of Chennai. This property features a spacious flat (Flat No. G1, Ground Floor, Block 18) situated within the Annapoorna Nagar complex, offering a built-up area of 805 sq. ft. With a reserve price of ₹32,58,000, this auction presents an excellent opportunity for homebuyers and investors looking for affordable real estate in Chennai. The property is being auctioned by Canara Bank, Specialized ARM Branch II. Ensure you submit your EMD by 27th September 2026 to participate in the e-auction scheduled for 28th September 2026. Don't miss out on this bank auction property in a strategic location with good infrastructure.
GeoSquare note: The property is located in a well-established residential pocket of Madhavaram, Chennai, with a reasonable reserve price per square foot. It represents a solid investment for end-users given its ground floor accessibility, though interested bidders should conduct due diligence regarding the physical possession status prior to the auction.
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