Land and Building for Auction Purasawalkam Chennai 4 Crore by Axis Bank 10 Jul 2026

Quick read

• ▸Possession: Physical
• ▸Area: 383320 sq. ft.
• ▸Locality: Purasawalkam
• ▸Reserve: ₹4,05,00,000
• ▸EMD: ₹40,50,000

About this property

Land And Building bank auction in Purasawalkam, Chennai by Axis Bank — reserve price ₹4,05,00,000, 383320 sq. ft., Physical possession.

This Axis Bank auction presents a prime investment opportunity for a diverse property in Purasawalkam, Chennai. The offering includes extensive land and building assets alongside a modern residential flat (No. 5111) on the Eleventh Floor of the 'TVH LUMBINI SQUAREE' complex. The primary land parcel, detailed in Schedule A, spans approximately 159 grounds and 1720 sq.ft (383,320 sq.ft), providing significant development potential. With a reserve price of ₹4.05 Crores and EMD of ₹40.50 Lakhs, this bank auction property is ideally located on Brick Klinn Road. The auction features physical possession and no known encumbrances, making it a highly attractive residential and land for sale opportunity in a well-established Chennai locality. The e-auction is scheduled for July 10, 2026, with an attractive bid increment of ₹1,00,000. Don't miss this unique chance to acquire a substantial mixed-use asset.

GeoSquare note: This property in Purasawalkam, Chennai, offers a rare combination of extensive land, existing structures, and a residential flat, presenting significant investment and development potential. With physical possession and no known encumbrances, it de-risks the acquisition. The attractive reserve price relative to its size and mixed-use nature in a prime metropolitan area makes it a highly recommended 'Prime Investment'.