Land and Building for Auction Sakthi Vel Nagar Puzhal Village Kanchipuram 78 Lakh by Canara Bank 25 Jun 2026
Sakthi Vel Nagar, Puzhal Village, Kanchipuram
Area: 1800 sq ft
Plot no 115, Old No. 38, New No.34, Puzhal Village, Survey No. 331/1, Sakthi Vel Nagar, Madavaram Taluk, Tiruvallur District, within Chennai North Registration District, Red Hills Sub Registration District
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH-I
Reserve price
₹78,00,000
EMD ₹7,80,000
Auction date
25 Jun 2026, 11:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1800 sq ft
- ▸Locality: Sakthi Vel Nagar, Puzhal Village
- ▸Reserve: ₹78,00,000
- ▸EMD: ₹7,80,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Sakthi Vel Nagar, Puzhal Village |
| Built-up / plot area | 1800 sq ft |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH-I |
| Unit / flat no. | Plot no 115 |
| Building / society | Sakthi Vel Nagar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Sakthi Vel Nagar, Puzhal Village, Kanchipuram by Canara Bank — reserve price ₹78,00,000, 1800 sq ft, Symbolic possession.
Discover a valuable bank auction property: a residential plot with building, Plot no 115, located in the sought-after Sakthi Vel Nagar, Puzhal Village, Madavaram Taluk, Chennai. This 1800 sq ft property, formerly in Chengalpat District and now part of Tiruvallur District within Chennai North Registration, is offered by Canara Bank through e-auction. With a reserve price of ₹78,00,000 and an EMD of ₹7,80,000, this 'as is where is' property presents a compelling investment opportunity for those seeking a residential asset in Chennai. The e-auction is scheduled for June 25, 2026, with property inspection available on June 24, 2026. Interested bidders are advised to submit EMD by June 24, 2026.
GeoSquare note: This residential plot with building in Sakthi Vel Nagar, Chennai, offers strong investment potential due to its location in a developing area within the Chennai North Registration District. The competitive reserve price of ₹78 lakhs for an 1800 sq ft property makes it an attractive option. While possession is symbolic, which requires due diligence, the overall appeal for residential development or occupation is high.
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