Land for Auction Maragatham Nagar Vallanchery Village Chengalpattu 21.1 Lakh by Indian Overseas Bank 30 Jun 2026
Maragatham Nagar, Vallanchery Village, Chengalpattu
Area: 780.0 Sq.ft.
Flat No.F3, Plot Nos. 11-A and 11-B, Maragatham Nagar, Vallanchery Village, Chengalpattu District-603202
Indian Overseas Bank · REGIONAL OFFICE : Kancheepuram
Reserve price
₹21,06,400
EMD ₹2,10,640
Auction date
30 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 780.0 Sq.ft.
- ▸Locality: Maragatham Nagar, Vallanchery Village
- ▸Reserve: ₹21,06,400
- ▸EMD: ₹2,10,640
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Maragatham Nagar, Vallanchery Village |
| Built-up / plot area | 780.0 Sq.ft. |
| Lender | Indian Overseas Bank |
| Branch | REGIONAL OFFICE : Kancheepuram |
| Unit / flat no. | Flat No.F3, Plot Nos. 11-A and 11-B |
| Floor | First 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 ₹21,06,400, 780.0 Sq.ft., Symbolic possession.
Discover a valuable bank auction property: a 2-bedroom Flat (No. F3) with a super built-up area of 780 Sq.ft. located on the first floor, including covered car parking at the stilt floor. This residential unit is part of Plot Nos. 11-A and 11-B, Maragatham Nagar, Vallanchery Village, Chengalpattu District-603202, Tamil Nadu, which includes a 2940 Sq.ft. land share. The property is offered by Indian Overseas Bank with a reserve price of ₹2,106,400.0 and EMD of ₹210,640.0. E-auction is scheduled for June 30, 2026, from 11:00 AM to 04:00 PM. Inspection dates are from June 25 to June 30, 2026. This is an excellent opportunity to acquire a well-located residential flat with land in Chengalpattu.
GeoSquare note: This property offers a desirable combination of a 2BHK flat and a significant land share (2940 Sq.ft.) in the growing Chengalpattu District. The reserve price of ₹21.06 lakhs appears attractive for a residential unit with car parking in this locality. While possession is symbolic, which is typical for bank auctions, the overall package makes it a strong investment opportunity.
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