Land for Auction Maduravoyal Chennai 2.5 Crore by City Union Bank
Maduravoyal, Chennai
Area: 2400 sq. ft.
Plot No. 19, Varalakshmi Nagar, Maduravoyal Village, Maduravoyal Taluk, Chennai District
City Union Bank · Credit Recovery and Management Department
Reserve price
₹2,47,00,000
EMD ₹24,70,000
Auction date
12 Oct 2026, 12:00 PM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Constructive
- ▸Area: 2400 sq. ft.
- ▸Locality: Maduravoyal
- ▸Reserve: ₹2,47,00,000
- ▸EMD: ₹24,70,000
Auction snapshot
| Possession | Constructive |
| Property type | Land · Residential |
| Locality | Maduravoyal |
| Built-up / plot area | 2400 sq. ft. |
| Lender | City Union Bank |
| Branch | Credit Recovery and Management Department |
| Unit / flat no. | Plot No. 19 |
| Building / society | Varalakshmi Nagar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹5,00,000 |
| Service provider | Auctionbazaar |
About this property
Land bank auction in Maduravoyal, Chennai by City Union Bank — reserve price ₹2,47,00,000, 2400 sq. ft., Constructive possession.
Explore this prime bank auction property located in Varalakshmi Nagar, Maduravoyal, Chennai. This vacant residential plot, spanning 2,400 sq. ft., is an excellent opportunity for investors and homebuyers looking for land in a well-established locality. The property is being sold by City Union Bank as part of a secured asset recovery. With clear encumbrances marked as 'Nil', this plot in Maduravoyal offers a secure investment potential in the growing real estate market of Chennai. The e-auction is scheduled for October 12, 2026. Interested buyers should note the reserve price of ₹2.47 Crores. Don't miss this chance to acquire a premium plot in a strategic location through a transparent bank auction process.
GeoSquare note: The property is located in a well-defined residential layout in Maduravoyal with clear legal documentation and nil encumbrances, making it a reliable investment. While possession is constructive rather than physical, the established nature of the plot and the reputation of the locality support a strong recommendation for potential buyers.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.