Representative illustration — Land bank auction in Thirumudivakkam
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Fair Option

Land for Auction Thirumudivakkam Chennai 24.6 Lakh by Tamilnad Mercantile Bank Limited 02 Jul 2026

Thirumudivakkam, Chennai

Area: 207 Sq.ft

Flat No.1-306, 3rd floor, Royal Castle Apartment, Thirumudivakkam Village, Chennai- 600 044

Tamilnad Mercantile Bank Limited · CHENNAI AMINJIKARAI BRANCH

Reserve price

₹24,60,000

EMD ₹2,46,000

Auction date

02 Jul 2026, 03:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 207 Sq.ft
  • Locality: Thirumudivakkam
  • Reserve: ₹24,60,000
  • EMD: ₹2,46,000

Auction snapshot

PossessionSymbolic
Property typeLand · Residential
LocalityThirumudivakkam
Built-up / plot area207 Sq.ft
LenderTamilnad Mercantile Bank Limited
BranchCHENNAI AMINJIKARAI BRANCH
Unit / flat no.1-306
Building / societyRoyal Castle Apartment
Floor3rd Floor
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Land bank auction in Thirumudivakkam, Chennai by Tamilnad Mercantile Bank Limited — reserve price ₹24,60,000, 207 Sq.ft, Symbolic possession.

Bank auction property available in Thirumudivakkam, Chennai! This property includes UDS of land 207 Sq.ft and a residential flat with build-up area of 615 Sq.ft, located on the 3rd floor of Royal Castle Apartment. The e-auction is scheduled for July 2, 2026, with a reserve price of ₹2,460,000 and EMD of ₹246,000. This is a prime opportunity to acquire a property through a bank auction in a well-connected locality. Don't miss out on this land for sale!

GeoSquare note: The property's location in Thirumudivakkam, Chennai, and the presence of both land and a residential flat offer some potential. However, the 'Symbolic' possession status introduces a degree of uncertainty. With a reserve price of ₹2,460,000, it may be a worthwhile investment for those comfortable with potential delays related to possession.

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