Representative illustration — Plot bank auction in Nggo Colonly Melamaliyur Thirty-Village
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Strong Buy

Plot for Auction Nggo Colonly Melamaliyur Thirty Village Chennai 48.1 Lakh by Piramal Finance Ltd

Nggo Colonly Melamaliyur Thirty-Village, Chennai

Flat No 366 Nggo Colonly Melamaliyur Thirty-Village Chengalpet Chennai Kanchipuram Tamil Nadu 503001

PIRAMAL FINANCE LTD · Kurla (West) Mumbai

Reserve price

₹48,10,000

EMD ₹4,81,000

Auction date

24 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Locality: Nggo Colonly Melamaliyur Thirty-Village
  • Reserve: ₹48,10,000
  • EMD: ₹4,81,000

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityNggo Colonly Melamaliyur Thirty-Village
LenderPIRAMAL FINANCE LTD
BranchKurla (West) Mumbai
Unit / flat no.Plot No 366
Building / societyNggo Colonly
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Plot bank auction in Nggo Colonly Melamaliyur Thirty-Village, Chennai by PIRAMAL FINANCE LTD — reserve price ₹48,10,000, Symbolic possession.

Discover a valuable bank auction property: Plot No 366 located in the well-regarded Nggo Colonly, Melamaliyur Thirty-Village, Chengalpet, Chennai. This residential plot, offered by Piramal Finance Ltd, presents a significant investment opportunity. The property comes with clear boundaries: North by Plot No. Five 365, West by a 30 Feet Road, East by Plot No. 368, and South by Plot No. 367. The e-auction is scheduled for July 24, 2026, from 11:00 AM to 01:00 PM, with a reserve price of ₹4,810,000 and an EMD of ₹481,000. Interested bidders can inspect the property on June 30, 2026. This prime land for sale in Chengalpet offers excellent potential for development. Don't miss this opportunity to acquire a bank auction property in a strategic location.

GeoSquare note: This residential plot in Chengalpet, Chennai, offers a strong investment opportunity given its location in a developing area. The property type (land/plot) provides flexibility for future development. While the possession is symbolic ('As Is Where Is'), the reserve price of ₹48.1 lakhs seems competitive for a prime location, making it an attractive option for serious investors or developers.

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