Representative illustration — Land bank auction in SRI VENKATESWARA NAGAR, Kovilpathagal Village
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Strong Buy

Land for Auction Sri Venkateswara Nagar Kovilpathagal Village Tiruvallur 40 Lakh by Union Bank of India 14 Jul 2026

SRI VENKATESWARA NAGAR, Kovilpathagal Village, Tiruvallur

Area: 1323.0 Sq.ft.

Plot No.A, in 'SRI VENKATESWARA NAGAR', comprised in Survey No.580, Ward-C, Block-24, T.S.No. 12/56, Kovilpathagal Village, Avadi Taluk, Tiruvallur District

Union Bank of India · REGIONAL OFFICE BROADWAY CHENNAI-NORTH

Reserve price

₹39,95,000

EMD ₹3,99,500

Auction date

14 Jul 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 1323.0 Sq.ft.
  • Locality: SRI VENKATESWARA NAGAR, Kovilpathagal Village
  • Reserve: ₹39,95,000
  • EMD: ₹3,99,500

Auction snapshot

PossessionSymbolic
Property typeLand · Residential
LocalitySRI VENKATESWARA NAGAR, Kovilpathagal Village
Built-up / plot area1323.0 Sq.ft.
LenderUnion Bank of India
BranchREGIONAL OFFICE BROADWAY CHENNAI-NORTH
Unit / flat no.Plot No.A
Building / societySRI VENKATESWARA NAGAR
Auction typeSARFAESI Auction
Bid increment₹20,000
Service providerBAANKNET

About this property

Land bank auction in SRI VENKATESWARA NAGAR, Kovilpathagal Village, Tiruvallur by Union Bank of India — reserve price ₹39,95,000, 1323.0 Sq.ft., Symbolic possession.

Discover a prime investment opportunity with this bank auction for a vacant land plot (Plot No. A) measuring 1323 Sq.ft. in the well-located 'SRI VENKATESWARA NAGAR', Kovilpathagal Village, Avadi Taluk, Tiruvallur District. Offered by Union Bank of India, this land parcel is ideal for residential development. The e-auction is scheduled for July 14, 2026, with a competitive reserve price of ₹3,995,000 and an EMD of ₹399,500. Benefit from clear title as encumbrances are nil. This bank auction property in Avadi provides an excellent chance to acquire land at a potentially attractive price. Contact Mr. Chandan Kumar for more details on this valuable plot for sale.

GeoSquare note: This vacant land plot in Avadi offers strong investment potential due to its location in a developing area and a reasonable reserve price of ₹3,995,000. The property has no known encumbrances, and symbolic possession is in place, reducing immediate post-auction complications. The ample time until the auction date allows for thorough due diligence, making it a promising 'Strong Buy'.

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