Representative illustration — Land And Building bank auction in Neelangarai
Representative illustration — not the actual property photograph.
Land And Building Residential Physical possession Strong Buy

Land and Building for Auction Neelangarai Chennai 2.2 Crore by Asset Reconstruction Company India Ltd Arcil 01 Jul 2026

Neelangarai, Chennai

Area: 3900 sq.ft

Villa No.B1-Hari Ganesh, 12h Cross Street, Ranga Reddy Garden, Neelangarai, Chennai-600115

Asset Reconstruction Company (India) Ltd. (Arcil) · Branch Address : Teynampet,Chennai

Reserve price

₹2,17,00,000

EMD ₹21,70,000

Auction date

01 Jul 2026, 04:00 PM

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Quick read

  • Possession: Physical
  • Area: 3900 sq.ft
  • Locality: Neelangarai
  • Reserve: ₹2,17,00,000
  • EMD: ₹21,70,000

Auction snapshot

PossessionPhysical
Property typeLand And Building · Residential
LocalityNeelangarai
Built-up / plot area3900 sq.ft
LenderAsset Reconstruction Company (India) Ltd. (Arcil)
BranchBranch Address : Teynampet,Chennai
Unit / flat no.B1
Building / societyRanga Reddy Garden
FloorGround, First and Second Floor
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Land And Building bank auction in Neelangarai, Chennai by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹2,17,00,000, 3900 sq.ft, Physical possession.

Explore a fantastic bank auction property in Chennai! This residential land and building, located in the sought-after Neelangarai area of Sholinganallur, features a spacious villa with 3900 sq.ft of constructed area. The e-auction is scheduled for 2026-07-01, with a reserve price of ₹21,700,000 and an EMD of ₹2,170,000. Don't miss this opportunity to acquire a prime property through bank auction in a well-connected locality. Perfect for families or investors seeking a valuable asset in Chennai's real estate market.

GeoSquare note: Located in Neelangarai, Chennai, this house offers a significant residential opportunity. The property's reserve price is reasonable for its size and the auction details are favorable. Given the prime location and physical possession status, this property is a strong contender for potential buyers looking for valuable assets through bank auctions.

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