Land and Building for Auction Walajah Taluk Chennai 16 Crore by Liquidation E Auction
Walajah Taluk, Chennai
Area: 74482 sq. ft.
UNIT No. 143/3, M.B.T. Road, Walajah Taluk, Ranipet - 632401
Liquidation E-Auction · Chennai
Reserve price
₹16,00,00,000
EMD ₹1,50,00,000
Auction date
21 Aug 2026, 11:00 AM
Auction notice
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Quick read
- ▸Area: 74482 sq. ft.
- ▸Locality: Walajah Taluk
- ▸Reserve: ₹16,00,00,000
- ▸EMD: ₹1,50,00,000
Auction snapshot
| Possession | — |
| Property type | Land And Building · Residential |
| Locality | Walajah Taluk |
| Built-up / plot area | 74482 sq. ft. |
| Lender | Liquidation E-Auction |
| Branch | Chennai |
| Unit / flat no. | UNIT No. 143/3 |
| Building / society | Factory Premises |
| Auction type | SARFAESI Auction |
| Bid increment | ₹3,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Walajah Taluk, Chennai by Liquidation E-Auction — reserve price ₹16,00,00,000, 74482 sq. ft..
Explore this prime bank auction property featuring an industrial land and building spread across 2.52 acres with a 74,482 sq. ft. structure in Ranipet, Tamil Nadu. Being sold under liquidation by the Hon'ble NCLT on an 'As is where is' basis, this commercial asset is ideal for manufacturing or industrial investors. The reserve price is set at ₹16 Crores with an EMD of ₹1.5 Crores. Don't miss this opportunity to bid in the upcoming e-auction scheduled for August 21, 2026. This industrial property offers significant scale for business operations. Interested buyers can inspect the site between July 22, 2026, and August 19, 2026. Secure your investment in this strategic industrial location today.
GeoSquare note: The property offers a large industrial footprint in a significant manufacturing hub, making it a valuable asset for industrial use. However, as it is an 'As is where is' liquidation sale, potential buyers should conduct thorough due diligence regarding the structural status and legal liabilities. The high reserve price and industrial nature necessitate a strategic investment approach.
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