Land and Building for Auction Murugan Nagar Jp Avenue Puthur Village Chennai 55.3 Lakh by Bank of Maharashtra
Murugan Nagar & JP Avenue, Puthur Village, Chennai
Area: 3788.0 Sq. ft.
No. 10, Puthur Village, Vandalur Taluk, Murugan Nagar & JP Avenue, Chengalpet District, Registration District of Tambaram.
Bank of Maharashtra · Head Office : Pune
Reserve price
₹55,29,000
EMD ₹5,52,900
Auction date
11 Aug 2026, 01:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3788.0 Sq. ft.
- ▸Locality: Murugan Nagar & JP Avenue, Puthur Village
- ▸Reserve: ₹55,29,000
- ▸EMD: ₹5,52,900
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Murugan Nagar & JP Avenue, Puthur Village |
| Built-up / plot area | 3788.0 Sq. ft. |
| Lender | Bank of Maharashtra |
| Branch | Head Office : Pune |
| Unit / flat no. | Plot No A1, Plot No A2, Flat No.A1-F1 |
| Building / society | Vishnu Flats |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Murugan Nagar & JP Avenue, Puthur Village, Chennai by Bank of Maharashtra — reserve price ₹55,29,000, 3788.0 Sq. ft., Symbolic possession.
Discover a prime bank auction property in Chengalpet, Chennai. This residential property includes a CMDA approved house site (Plot No A1 & A2) totaling 3788 Sq. ft. and a First Floor flat (Flat No.A1-F1) with a super built-up area of 945 Sq. ft. located in Vishnu Flats, Murugan Nagar & JP Avenue, Puthur Village. This bank auction property offers a significant investment opportunity in a developing locality. The reserve price is ₹55,29,000, with an EMD of ₹5,52,900. The e-auction is scheduled for 11th August 2026. Ideal for homebuyers or investors seeking a residential plot for sale or a flat in Chennai. Encumbrance is Nil as per bank records. Possession is symbolic, providing a potential for future value appreciation.
GeoSquare note: This property in Chengalpet, Chennai, presents a strong investment opportunity, featuring both a substantial residential plot (3788 Sq. ft.) and a well-sized flat (945 Sq. ft. super built-up area). Its CMDA approval and clear encumbrance status enhance its appeal. While possession is symbolic, the attractive reserve price of ₹55.29 lakhs in a growing location makes it a highly recommendable acquisition for long-term value.
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