Representative illustration — Plot bank auction in Muttukadu Village, Thiruporur Taluk
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Fair Option

Plot for Auction Muttukadu Village Thiruporur Taluk Kanchipuram 1 Crore by Canara Bank 15 Jul 2026

Muttukadu Village, Thiruporur Taluk, Kanchipuram

Area: 78520 sq. ft.

Residential Unit No.71, Seventh Floor, VGN COASTA, Muttukadu Village, Thiruporur Taluk, Chengalpattu District, Tamil Nadu

Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH-I

Reserve price

₹1,03,00,000

EMD ₹10,30,000

Auction date

15 Jul 2026, 10:30 AM

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Quick read

  • Possession: Symbolic
  • Area: 78520 sq. ft.
  • Locality: Muttukadu Village, Thiruporur Taluk
  • Reserve: ₹1,03,00,000
  • EMD: ₹10,30,000

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityMuttukadu Village, Thiruporur Taluk
Built-up / plot area78520 sq. ft.
LenderCanara Bank
BranchASSET RECOVERY MANAGEMENT BRANCH-I
Unit / flat no.Residential Unit No.71
Building / societyVGN COASTA
FloorSeventh Floor
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Plot bank auction in Muttukadu Village, Thiruporur Taluk, Kanchipuram by Canara Bank — reserve price ₹1,03,00,000, 78520 sq. ft., Symbolic possession.

Discover a unique bank auction opportunity from Canara Bank, featuring a substantial land parcel of approximately 78,520 sq. ft. combined with a premium 3BHK residential flat (1789 sq. ft. super built-up area) located on the Seventh Floor, Unit No.71, within the esteemed 'VGN COASTA' residential project. This bank auction property is situated in Muttukadu Village, Thiruporur Taluk, Chengalpattu District, offering excellent investment potential in the growing Chennai metropolitan area, particularly along the desirable East Coast Road. The e-auction is scheduled for July 15, 2026, with a reserve price of ₹10,300,000. Prospective bidders must submit an EMD of ₹1,030,000 by July 14, 2026. Property inspection is available on June 19, 2026. Secure this prime residential flat for sale with significant land assets.

GeoSquare note: This property presents a dual asset: a large land parcel (78,520 sq ft) and a modern 3BHK flat (1789 sq ft) in the well-regarded VGN COASTA on the East Coast Road, a desirable location. The reserve price appears competitive for the combined offering. However, the 'Symbolic Possession' status introduces a notable risk regarding physical possession, necessitating thorough legal due diligence from potential buyers. This makes it a fair option with high potential but also significant caveats.

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