Plot for Auction Ma Po Si Nagar Kolathur Village Chennai 88.2 Lakh by Canara Bank 25 Jun 2026
Ma. Po.Si. Nagar, Kolathur Village, Chennai
Area: 2340.0 Sq.ft.
Plot No.2, Ma. Po.Si. Nagar, Kolathur Village, Ayanavaram Taluk, Chennai District
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH-I
Reserve price
₹88,25,000
EMD ₹8,82,500
Auction date
25 Jun 2026, 11:30 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2340.0 Sq.ft.
- ▸Locality: Ma. Po.Si. Nagar, Kolathur Village
- ▸Reserve: ₹88,25,000
- ▸EMD: ₹8,82,500
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Ma. Po.Si. Nagar, Kolathur Village |
| Built-up / plot area | 2340.0 Sq.ft. |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH-I |
| Unit / flat no. | Plot No.2 |
| Building / society | Ma. Po.Si. Nagar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Ma. Po.Si. Nagar, Kolathur Village, Chennai by Canara Bank — reserve price ₹88,25,000, 2340.0 Sq.ft., Symbolic possession.
Discover a valuable bank auction property: a 2340 Sq.ft residential plot (Plot No.2) located in the well-known Ma. Po.Si. Nagar layout, Kolathur Village, Ayanavaram Taluk, Chennai District. Offered by Canara Bank, this land for sale presents a strong investment opportunity in a prime Chennai locality. The auction has a reserve price of ₹88,25,000 and an EMD of ₹8,82,500. Interested bidders can inspect the property on June 24, 2026, with the e-auction scheduled for June 25, 2026. Secure your chance to own a piece of land in a rapidly developing area of Chennai through this competitive bank auction property.
GeoSquare note: This residential plot in Ma. Po.Si. Nagar, Kolathur Village, Chennai, offers a good investment opportunity due to its location in a prime metropolitan city and the inherent value of land. With a size of 2340 Sq.ft and a competitive reserve price of ₹88.25 Lakhs, it presents a compelling offer. Although possession is symbolic, which is common in bank auctions, the overall potential for appreciation in Chennai's real estate market makes it a strong buy.
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