Land for auction Mambalam Chennai 2 Cr Canara Bank

This is a prime land parcel located in the well-connected Mambalam area of Chennai, Tamil Nadu. Situated in a sought-after residential locality, this land offers excellent potential for development. Its strategic location provides easy access to essential amenities, transportation networks, and commercial hubs, making it an attractive investment opportunity in one of Chennai's established neighborhoods.

Canara Bank presents a SARFAESI auction for a valuable land property in Mambalam, Chennai. The auction will be conducted online on October 29, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this residential land is INR 2,41,00,000, and the Earnest Money Deposit (EMD) is INR 24,10,000. This is a unique opportunity to acquire a property in a desirable location, subject to the terms and conditions of the SARFAESI Act.