Land for Auction Maduravoyal Chennai 2.8 Crore by City Union Bank
Maduravoyal, Chennai
Area: 2400 sq. ft.
Plot No.21, Varalakshmi Nagar, Maduravoyal Village, Ambattur Taluk, Chennai District
City Union Bank · Credit Recovery and Management Department
Reserve price
₹2,76,00,000
EMD ₹27,60,000
Auction date
12 Oct 2026, 01:00 PM
Auction notice
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Quick read
- ▸Possession: Constructive
- ▸Area: 2400 sq. ft.
- ▸Locality: Maduravoyal
- ▸Reserve: ₹2,76,00,000
- ▸EMD: ₹27,60,000
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.21 |
| 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 ₹2,76,00,000, 2400 sq. ft., Constructive possession.
Participate in the bank auction of a prime residential plot located in Varalakshmi Nagar, Maduravoyal, Chennai. This vacant land property, owned by Mr. K E Chandrasekar, measures 2,400 sq. ft. and is situated in a well-connected locality of Chennai. The property is offered by City Union Bank through an e-auction process. Ideal for investors and individuals looking for land for sale in Chennai, this plot comes with clear legal titles and nil encumbrances. The reserve price is set at ₹2,76,00,000 with an EMD of ₹27,60,000. Don't miss this opportunity to invest in a valuable real estate asset in a growing suburb of Chennai. Visit the auction portal to participate in this bank auction property sale.
GeoSquare note: The property is located in an established residential area of Maduravoyal with a clear title and nil encumbrances, making it a reliable investment. Although possession is constructive, the land nature and prime location in Chennai offer high potential for appreciation. The transparent auction process by City Union Bank adds to the credibility of this acquisition.
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