Land for Auction Chengalpet Chennai 42 Lakh by Indian Bank 24 Jun 2026
Chengalpet, Chennai
Area: 26.02 Acres
No. 223, Kanthalur Village, Chengalpet Taluk and No.225, Pulipakkam Village, Chengalpet Taluk
Indian Bank · ZONAL OFFICE, CHENNAI NORTH
Reserve price
₹42,00,000
EMD ₹4,20,000
Auction date
24 Jun 2026, 10:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 26.02 Acres
- ▸Locality: Chengalpet
- ▸Reserve: ₹42,00,000
- ▸EMD: ₹4,20,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Chengalpet |
| Built-up / plot area | 26.02 Acres |
| Lender | Indian Bank |
| Branch | ZONAL OFFICE, CHENNAI NORTH |
| Unit / flat no. | Plot No. 123 |
| Building / society | Pallava Garden |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Chengalpet, Chennai by Indian Bank — reserve price ₹42,00,000, 26.02 Acres, Physical possession.
Seize this bank auction opportunity to acquire a substantial land parcel in Chengalpet, Chennai. This property, located across Kanthalur and Pulipakkam Villages, spans 26.02 acres and includes a plot in Pallava Garden. The e-auction is scheduled for June 24, 2026, with a reserve price of ₹42 Lakhs and an EMD of ₹4.2 Lakhs. Explore this prime investment in a rapidly developing area. Perfect for developers and investors seeking valuable land assets through bank auctions in Chennai.
GeoSquare note: This land parcel in Chengalpet presents a strong investment opportunity due to its substantial size and location in a developing area. The physical possession status reduces immediate legal hurdles. At a reserve price of ₹42 Lakhs, it offers potential for significant appreciation, meriting a 'Strong Buy' recommendation for investors seeking land assets.
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