Land for Auction Villivakkam Ayanavaram Chennai 5.1 Crore by Canara Bank
Villivakkam, Ayanavaram, Chennai
Area: 9156 sq.ft.
Door No.29A, Dr. Ambedkar Street, Villivakkam, Chennai-600049
Canara Bank · REGIONAL OFFICE CHENNAI NORTH
Reserve price
₹5,06,00,000
EMD ₹50,60,000
Auction date
28 Jul 2026, 11:30 AM
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Quick read
- ▸Possession: Constructive
- ▸Area: 9156 sq.ft.
- ▸Locality: Villivakkam, Ayanavaram
- ▸Reserve: ₹5,06,00,000
- ▸EMD: ₹50,60,000
Auction snapshot
| Possession | Constructive |
| Property type | Land · Residential |
| Locality | Villivakkam, Ayanavaram |
| Built-up / plot area | 9156 sq.ft. |
| Lender | Canara Bank |
| Branch | REGIONAL OFFICE CHENNAI NORTH |
| Unit / flat no. | Door No.29A |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Villivakkam, Ayanavaram, Chennai by Canara Bank — reserve price ₹5,06,00,000, 9156 sq.ft., Constructive possession.
An excellent opportunity to acquire a prime bank auction property in Chennai, Tamil Nadu. This Canara Bank e-auction features a significant 9156 sq.ft parcel of land with a building, located at Door No.29A, Dr. Ambedkar Street, Villivakkam, Chennai-600049, within the Ayanavaram Taluk. The property is offered with a reserve price of ₹5,06,00,000.0 and an Earnest Money Deposit (EMD) of ₹5,060,000.0. Interested bidders can inspect the property on 2026-07-24, with the e-auction scheduled for 2026-07-28. This land with building for sale is situated in a well-developed locality, making it a strong investment. Ensure EMD submission before 2026-07-27 for this prime Chennai property.
GeoSquare note: This property offers a strong investment potential due to its prime location in Villivakkam, Ayanavaram, Chennai, a well-established and growing urban area. The substantial land size of 9156 sq.ft, combined with an existing building, provides flexibility for various uses. While possession is constructive, the competitive reserve price for a property of this scale and location in Chennai makes it a highly attractive option for serious investors.
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