Land for Auction Saidapet Chennai 86.8 Lakh by Bank of Baroda 29 Jun 2026
Saidapet, Chennai
Area: 1241 Sq. ft.
Door No. 5, 7 and 9, Old Door Nos. 3/1, 3/2 and 3/3 (4), Vaaniyar Street, Saidapet, Chennai-600015
Bank of Baroda · ROSARB : Chennai
Reserve price
₹86,80,000
EMD ₹8,68,000
Auction date
29 Jun 2026, 02:00 PM
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Quick read
- ▸Possession: Constructive
- ▸Area: 1241 Sq. ft.
- ▸Locality: Saidapet
- ▸Reserve: ₹86,80,000
- ▸EMD: ₹8,68,000
Auction snapshot
| Possession | Constructive |
| Property type | Land · Residential |
| Locality | Saidapet |
| Built-up / plot area | 1241 Sq. ft. |
| Lender | Bank of Baroda |
| Branch | ROSARB : Chennai |
| Unit / flat no. | F1 and F2 |
| Building / society | Lakshmi Nivasam |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Saidapet, Chennai by Bank of Baroda — reserve price ₹86,80,000, 1241 Sq. ft., Constructive possession.
Discover a prime bank auction property in Saidapet, Chennai. This residential offering includes two first-floor flats (F1: 750 Sq.ft. and F2: 491 Sq.ft.) totaling 1241 Sq.ft. of built-up space, along with an undivided share of land (513 Sq.ft. out of 1800 Sq.ft.) in the 'Lakshmi Nivasam' complex. Located at Vaaniyar Street, Saidapet, Chennai-600015, this property boasts one car parking. The e-auction by Bank of Baroda is scheduled for June 29, 2026, with a reserve price of ₹86.8 Lakhs. Property inspection is available on June 22, 2026. This is a significant investment opportunity for a residential flat for sale in a well-established Chennai locality, offered on a 'Constructive Possession' basis. Don't miss this chance to acquire a valuable asset.
GeoSquare note: This property represents a strong buy opportunity due to its excellent residential location in Saidapet, Chennai, and the inclusion of two flats with a total built-up area of 1241 Sq.ft. plus land share. The reserve price of ₹86.8 Lakhs for a property of this size and location is competitive. While the possession status is 'Constructive', which may require legal process for full physical possession, the overall value and location make it an attractive investment.
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