Land for Auction Washermenpet Chennai 59.8 Lakh by Idfc First Bank Ltd 30 Jun 2026
Washermenpet, Chennai
Door No. 8, Kappalpolu Chetty Street, Old Washermenpet, Chennai-600021.
IDFC First Bank Ltd · Chetpet, Chennai
Reserve price
₹59,81,546
EMD ₹5,98,154
Auction date
30 Jun 2026, 11:00 AM
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Quick read
- ▸Locality: Washermenpet
- ▸Reserve: ₹59,81,546
- ▸EMD: ₹5,98,154
Auction snapshot
| Possession | — |
| Property type | Land · Residential |
| Locality | Washermenpet |
| Lender | IDFC First Bank Ltd |
| Branch | Chetpet, Chennai |
| Unit / flat no. | Plot No. 2990/13, Block 44, Old S. No. 2061, 2062 R.S. |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Land bank auction in Washermenpet, Chennai by IDFC First Bank Ltd — reserve price ₹59,81,546.
Seize a prime investment opportunity with this bank-auctioned land plot in the bustling Washermenpet area of Chennai, Tamil Nadu. Offered by IDFC First Bank Ltd, this property, identified as Plot No. 2990/13, Block 44, Old S. No. 2061, 2062 R.S. with Door No. 8, Kappalpolu Chetty Street, Old Washermenpet, Chennai-600021, presents an ideal chance for development or long-term capital appreciation. The e-auction is scheduled for June 30, 2026, starting at 11:00 AM. A competitive reserve price of ₹59,81,546.0 and an EMD of ₹5,98,154.0 make this an accessible investment. Property inspection is available on June 29, 2026. Contact Authorized Officer Rajakumar T at 9884666970 or 8122551254 for more details on this valuable bank auction property in Chennai.
GeoSquare note: This land plot in Washermenpet, Chennai, is a highly attractive investment due to its prime urban location and the scarcity of land in metropolitan areas. The auction by IDFC First Bank offers a good entry point with a reasonable reserve price. While possession status is not specified, land investments typically carry lower immediate risks than developed properties. This property holds strong potential for capital appreciation and development.
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