Plot for Auction Jallaidanpet Chennai 1.1 Crore by Piramal Finance Ltd

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• ▸Possession: Physical
• ▸Locality: Jallaidanpet
• ▸Reserve: ₹1,06,11,000
• ▸EMD: ₹10,61,100

About this property

Plot bank auction in Jallaidanpet, Chennai by PIRAMAL FINANCE LTD — reserve price ₹1,06,11,000, Physical possession.

An excellent opportunity to acquire a prime residential plot in Jallaidanpet, Chennai, through a bank auction conducted by Piramal Finance Ltd. This property, identified as Door No 1/593(as Per Tax Receipt 1/593a) on Gandhi Street, offers significant investment potential in a well-established locality of Chennai, Tamil Nadu. With a reserve price of ₹10,611,000 and an EMD of ₹1,061,100, this plot is available with physical possession. The e-auction is scheduled for July 17, 2026, from 11:00 AM to 01:00 PM, with inspection available on July 13, 2026. This bank auction property in Jallaidanpet presents a strong buy for investors and home builders looking for land for sale in Chennai. Buyers are advised to perform due diligence as the property is offered on an 'As Is Where Is' basis.

GeoSquare note: This plot in Jallaidanpet, Chennai, represents a prime investment due to its location in a metropolitan city and the inherent value appreciation of land. The physical possession status significantly de-risks the investment, making it highly attractive. The auction details are clear, and while sold on an 'As Is Where Is' basis, the overall potential for capital growth in a developing urban area like Chennai warrants a strong recommendation.