Land for Auction Maragatham Nagar Vallanchery Village Chengalpattu 19.5 Lakh by Indian Overseas Bank 30 Jun 2026
Maragatham Nagar, Vallanchery Village, Chengalpattu
Area: 725.0 Sq.ft
Plot Nos. 11-A and 11-B Maragatham Nagar, Vallanchery Village, Chengalpattu District-603202
Indian Overseas Bank · REGIONAL OFFICE : Kancheepuram
Reserve price
₹19,52,800
EMD ₹1,95,280
Auction date
30 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 725.0 Sq.ft
- ▸Locality: Maragatham Nagar, Vallanchery Village
- ▸Reserve: ₹19,52,800
- ▸EMD: ₹1,95,280
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Maragatham Nagar, Vallanchery Village |
| Built-up / plot area | 725.0 Sq.ft |
| Lender | Indian Overseas Bank |
| Branch | REGIONAL OFFICE : Kancheepuram |
| Unit / flat no. | S4 (Flat), Plot Nos. 11-A & 11-B (Land) |
| Building / society | Maragatham Nagar |
| Floor | Second Floor (Flat), Stilt Floor (Car Parking) |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Maragatham Nagar, Vallanchery Village, Chengalpattu by Indian Overseas Bank — reserve price ₹19,52,800, 725.0 Sq.ft, Symbolic possession.
A prime bank auction property in Chengalpattu, Tamil Nadu. This residential listing features a 2 BHK flat bearing No. S4 with a built-up area of 725 sq.ft (as per site, 844 sq.ft as per document) on the Second Floor, including covered car parking at the Stilt floor. The flat is constructed on a 2940 sq.ft land parcel (Plot Nos. 11-A & 11-B) in the well-developed Maragatham Nagar, Vallanchery Village. This bank auction property is offered by Indian Overseas Bank with a reserve price of ₹19,52,800.0 and EMD of ₹1,95,280.0. The e-auction date is June 30, 2026, from 11:00 AM to 04:00 PM. Property inspection is available from June 25 to June 30, 2026. This is an excellent opportunity to acquire a well-located flat with a significant land share through a transparent bank auction.
GeoSquare note: This property presents a strong buying opportunity as a residential flat with an undivided share of land in the developing Maragatham Nagar, Chengalpattu. The reserve price appears reasonable for a 2 BHK flat with a decent area and car parking. While possession status is 'Symbolic', the location and property type make it an attractive investment.
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