Land for Auction Neelangarai Kanchipuram 2.2 Crore by Asset Reconstruction Company India Ltd Arcil
Neelangarai, Kanchipuram
Area: 3900 sq. ft.
Villa No. B2, 12 Cross Street, Ranga Reddy Garden, Neelangarai, Chennai-600115
Asset Reconstruction Company (India) Ltd. (Arcil) · Dadar West, Mumbai
Reserve price
₹2,17,00,000
EMD ₹21,70,000
Auction date
11 Aug 2026, 02:00 PM
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Quick read
- ▸Possession: Physical
- ▸Area: 3900 sq. ft.
- ▸Locality: Neelangarai
- ▸Reserve: ₹2,17,00,000
- ▸EMD: ₹21,70,000
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Neelangarai |
| Built-up / plot area | 3900 sq. ft. |
| Lender | Asset Reconstruction Company (India) Ltd. (Arcil) |
| Branch | Dadar West, Mumbai |
| Unit / flat no. | Villa No. B2 |
| Building / society | Ranga Reddy Garden |
| Floor | Ground, First and Second Floor |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Land bank auction in Neelangarai, Kanchipuram by Asset Reconstruction Company (India) Ltd. (Arcil) — reserve price ₹2,17,00,000, 3900 sq. ft., Physical possession.
Participate in the upcoming bank auction property listing by Arcil for a spacious residential villa in Neelangarai, Chennai. This premium property, featuring ground, first, and second floors with a total area of 3900 sq. ft., is located in the desirable Ranga Reddy Garden neighborhood. This bank auction offers a unique opportunity to acquire a residential villa in a prime Chennai locality at a competitive reserve price of ₹2.17 Crores. With physical possession already secured by the bank, this auction is a secure investment choice. Don't miss this chance to own a multi-story house in Sholinganallur Taluk. Interested bidders must submit their EMD by 10th August 2026. Contact the authorized officer for further details and inspection schedules on 22nd and 29th July 2026.
GeoSquare note: This property is an excellent investment opportunity given its spacious 3900 sq. ft. layout and prime location in Neelangarai, Chennai. The fact that the bank holds physical possession significantly lowers the risk for prospective buyers. With a reserve price of ₹2.17 Crores, it represents a strong buy for those looking for high-value residential assets in a developed urban locality.
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