Plot for Auction Madipakkam Kanchipuram 1.2 Crore by Indian Bank
Madipakkam, Kanchipuram
Area: 2140 Sq. ft.
Flat No.F4, First and Second Floor (Duplex house), MICASA SQUARE, Plot No.546, Ram Nagar North (Rajagopalapuram Layout), Madipakkam, Chennai-600091.
Indian Bank · STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI
Reserve price
₹1,20,00,000
EMD ₹12,00,000
Auction date
27 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2140 Sq. ft.
- ▸Locality: Madipakkam
- ▸Reserve: ₹1,20,00,000
- ▸EMD: ₹12,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Madipakkam |
| Built-up / plot area | 2140 Sq. ft. |
| Lender | Indian Bank |
| Branch | STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI |
| Unit / flat no. | Flat No.F4 |
| Building / society | MICASA SQUARE |
| Floor | First and Second Floor (Duplex house) |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Madipakkam, Kanchipuram by Indian Bank — reserve price ₹1,20,00,000, 2140 Sq. ft., Symbolic possession.
Discover a prime investment opportunity with this bank auction property: a spacious duplex apartment, Flat No. F4, in the esteemed MICASA SQUARE building, Madipakkam, Chennai. Offered by Indian Bank, this residential property boasts a super built-up area of 2140 sq. ft. and includes common rights, title, interest, 3 Phase EB, and covered car parking. Located in the desirable Ram Nagar North (Rajagopalapuram Layout), Madipakkam, Chennai-600091, this property is available under symbolic possession. The auction details include a reserve price of ₹12,000,000 and an EMD of ₹1,200,000, with bidding increments of ₹50,000. The e-auction is scheduled for 27.07.2026 from 11:00 AM to 04:00 PM. Don't miss this chance to acquire a valuable property in Chennai through a transparent bank auction.
GeoSquare note: This duplex apartment in Madipakkam, Chennai, represents a strong investment opportunity due to its desirable location and generous 2140 sq. ft. super built-up area. The reserve price appears competitive for the Chennai market. While possession is symbolic, this is common in bank auctions, and the property's features and location make it highly attractive for potential buyers seeking a valuable residential asset.
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