Land for Auction Mambalam Srinagar Colony Saidapet Jeenis Road Chennai 2.7 Crore by Asset Reconstruction Company India Ltd Arcil 20 Jul 2026
Mambalam, Srinagar Colony, Saidapet, Jeenis Road, Chennai
Area: 4710.0 sq. feet
Old Door No.214, New Door No. 4/5, Cross Street, Srinagar Colony (previously known as Mari Thottami), Saidapet, Chennai-600015 AND Old Door no.89, New No.41, presently New door no.41/3, Jeenis Road, Mambalam, Chennai-600015
Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai
Reserve price
₹2,67,00,000
EMD ₹26,70,000
Auction date
20 Jul 2026, 12:30 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 4710.0 sq. feet
- ▸Locality: Mambalam, Srinagar Colony, Saidapet, Jeenis Road
- ▸Reserve: ₹2,67,00,000
- ▸EMD: ₹26,70,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Mambalam, Srinagar Colony, Saidapet, Jeenis Road |
| Built-up / plot area | 4710.0 sq. feet |
| Lender | Asset Reconstruction Company (India) Ltd. (Arcil) |
| Branch | Dadar West, Mumbai |
| Unit / flat no. | Plot No. 113-A, Door No. 4/5 (Akshya Apartment); Door No. 41/3 (Jeenis Road Property) |
| Building / society | AKSHYA Apartment |
| Floor | Second Floor |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Land bank auction in Mambalam, Srinagar Colony, Saidapet, Jeenis Road, Chennai by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹2,67,00,000, 4710.0 sq. feet, Physical possession.
Discover a prime bank auction property in Chennai: two excellent residential assets in Mambalam for sale by Arcil. This includes an apartment in 'AKSHYA' on the second floor, offering 1200 sq. ft. of undivided share of land and 2860 sq. ft. of super built-up area in Srinagar Colony, Saidapet. Additionally, a house on 650 sq. ft. of land at Jeenis Road, Mambalam, is part of this lucrative auction. Both properties are situated in highly sought-after residential localities. With a combined area of 4710 sq. ft., this bank auction provides a unique investment opportunity with physical possession. The reserve price is ₹2,67,00,000, and the e-auction is scheduled for July 20, 2026. Don't miss this chance to acquire valuable residential property in Chennai.
GeoSquare note: This property represents a strong investment opportunity due to its excellent location in Mambalam, Chennai, a highly desirable residential area. The auction includes two distinct residential properties (an apartment and a house), offering diverse value. The physical possession status significantly reduces buyer risk, making it a compelling option for both investors and end-users at the stated reserve price.
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