Plot for Auction Madipakkam Chennai 60 Lakh by Indian Bank 11 Jun 2026
Madipakkam, Chennai
Area: 1260 SFT
Flat No.F1, Block-A, GUBERAN FLATS, GUBERAN NAGAR EXTENSION, 8th Street, Madipakkam-1 Village
Indian Bank · STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI
Reserve price
₹60,00,000
EMD ₹6,00,000
Auction date
11 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 1260 SFT
- ▸Locality: Madipakkam
- ▸Reserve: ₹60,00,000
- ▸EMD: ₹6,00,000
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Madipakkam |
| Built-up / plot area | 1260 SFT |
| Lender | Indian Bank |
| Branch | STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI |
| Unit / flat no. | F1 |
| Building / society | GUBERAN FLATS |
| Floor | 1st Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Madipakkam, Chennai by Indian Bank — reserve price ₹60,00,000, 1260 SFT, Physical possession.
Bank auction property in Chennai! Up for auction is a 1260 SFT residential flat located in the GUBERAN NAGAR EXTENSION, 8th Street, Madipakkam-1 Village, Sholinganallur, Chennai. This property is part of GUBERAN FLATS, featuring a super built-up area and included car parking. The flat is situated on Plot No.259 and comprised in Survey No. 130/11B & 131/18. Reserve price is ₹6000000.0, with an EMD of ₹600000.0. Don't miss out on this opportunity to own a prime residential property in a sought-after location!
GeoSquare note: The property is a residential flat in a decent location in Chennai, offered at a reserve price of ₹6000000.0 with Physical posession. While the location is favorable, further due diligence is recommended to assess market value and potential investment returns.
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