Plot for Auction Ashok Nagar Paleripattu Village Chennai 2 Crore by Icici Bank 18 Jul 2026
Ashok Nagar, Paleripattu Village, Chennai
Area: 4280 Sq.ft.
GKC Malligai Flats, Ashok Nagar, 2nd Main Road, Paleripattu Village, Avadi Taluk, Thiruvallur District, Chennai-600071
ICICI Bank · Branch Office : Chennai
Reserve price
₹2,04,00,000
EMD ₹20,40,000
Auction date
18 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 4280 Sq.ft.
- ▸Locality: Ashok Nagar, Paleripattu Village
- ▸Reserve: ₹2,04,00,000
- ▸EMD: ₹20,40,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Ashok Nagar, Paleripattu Village |
| Built-up / plot area | 4280 Sq.ft. |
| Lender | ICICI Bank |
| Branch | Branch Office : Chennai |
| Unit / flat no. | Plot No. 37, Flat No. F1, S1 & T1 |
| Building / society | GKC Malligai Flats |
| Auction type | SARFAESI Auction |
| Service provider | BidDeal.in |
About this property
Plot bank auction in Ashok Nagar, Paleripattu Village, Chennai by ICICI Bank — reserve price ₹2,04,00,000, 4280 Sq.ft., Symbolic possession.
Don't miss this opportunity to acquire residential flats (F1, S1, T1) in GKC Malligai, Ashok Nagar, Paleripattu Village, Avadi Taluk, Chennai-600071 through an ICICI Bank auction. This bank auction property offers a built-up area of 4280 Sq.ft. on Plot No. 37, with a land area of 2140 Sq.ft. The property is located in a well-connected area of Thiruvallur District. The reserve price is ₹2,04,00,000 with an EMD of ₹2,040,000. Property inspection is on June 17, 2026, and the e-auction is scheduled for July 18, 2026. This is a prime chance to invest in Chennai's real estate market via a bank auction.
GeoSquare note: This residential property in Ashok Nagar, Chennai, presents a strong investment opportunity due to its prime location and significant built-up area of 4280 sq.ft. across multiple flats. The reserve price of ₹2.04 Cr is competitive for the area. While possession is symbolic, this is common for bank auctions, making it a fair option for investors seeking a substantial property in Chennai's thriving real estate market.
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