Plot for Auction Somangalam Kanchipuram 69 Lakh by Idbi Bank
Somangalam, Kanchipuram
Area: 12617 sq. ft.
Plot No. 16, 17 & 25, Anna Nagar, Somangalam Village, Sriperumbudur Taluk
IDBI Bank · Chennai
Reserve price
₹69,00,000
EMD ₹6,90,000
Auction date
31 Jul 2026, 10:30 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 12617 sq. ft.
- ▸Locality: Somangalam
- ▸Reserve: ₹69,00,000
- ▸EMD: ₹6,90,000
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Somangalam |
| Built-up / plot area | 12617 sq. ft. |
| Lender | IDBI Bank |
| Branch | Chennai |
| Unit / flat no. | Plot No. 16, 17 & 25 |
| Building / society | Anna Nagar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | bankeauctions.com / C1 India |
About this property
Plot bank auction in Somangalam, Kanchipuram by IDBI Bank — reserve price ₹69,00,000, 12617 sq. ft., Physical possession.
Participate in the bank auction property sale for a large residential land plot located in Anna Nagar, Somangalam, Sriperumbudur, Kanchipuram. This expansive plot features a total area of 12,617 sq. ft. across multiple survey numbers, making it an excellent opportunity for investors. Managed by IDBI Bank, this auction offers significant potential in a developing locality. The reserve price is set at ₹69,00,000 with an EMD of ₹6,90,000. Interested bidders should note the auction date of July 31, 2026. Don't miss this chance to acquire prime land in Tamil Nadu through a transparent e-auction process. For more details on this bank auction property, contact the authorized officials at the IDBI Bank Saidapet branch.
GeoSquare note: The property is a substantial land parcel (12,617 sq.ft) in a DTCP approved layout, offering high development potential in the Sriperumbudur corridor. With physical possession taken by the bank, the investment risk is significantly reduced for the buyer. Given the competitive reserve price and the growing demand in the Kanchipuram district, this is a strong investment opportunity.
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