Representative illustration — Plot bank auction in Sri Sai Nagar Layout, Ponmar Village
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Strong Buy

Plot for Auction Sri Sai Nagar Layout Ponmar Village Kanchipuram 24.7 Lakh by Indian Bank 25 Jun 2026

Sri Sai Nagar Layout, Ponmar Village, Kanchipuram

Area: 1800.0 sq. ft.

Plot No. 35, Amruth Enlave Sri Sai Nagar Layout, Door No.35A&B, Ponmar Village, Chengalpet Taluk

Indian Bank · Zonal Office

Reserve price

₹24,72,000

EMD ₹2,48,000

Auction date

25 Jun 2026, 10:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 1800.0 sq. ft.
  • Locality: Sri Sai Nagar Layout, Ponmar Village
  • Reserve: ₹24,72,000
  • EMD: ₹2,48,000

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalitySri Sai Nagar Layout, Ponmar Village
Built-up / plot area1800.0 sq. ft.
LenderIndian Bank
BranchZonal Office
Unit / flat no.Plot No. 35, Door No. 35A&B
Building / societyAmruth Enlave Sri Sai Nagar Layout
FloorFirst Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Plot bank auction in Sri Sai Nagar Layout, Ponmar Village, Kanchipuram by Indian Bank — reserve price ₹24,72,000, 1800.0 sq. ft., Symbolic possession.

Seize a prime opportunity with this bank auction property from Indian Bank. Located in Sri Sai Nagar Layout, Ponmar Village, Chengalpet Taluk, Kanchipuram District, this residential offering includes a 1800 sq. ft. undivided share (UDS) plot along with a spacious 1548 sq. ft. flat on the First Floor, bearing Door No.35A&B. The property is clear of encumbrances. Bidding starts at a competitive reserve price of ₹24,72,000, with an EMD of ₹2,48,000. The e-auction is scheduled for June 25, 2026, from 10:00 AM to 04:00 PM. Property inspections are available on June 18-19, 2026. This is an excellent bank auction property for sale, ideal for investors or those seeking a home in a developing area near Kanchipuram.

GeoSquare note: This property is a strong buy due to its attractive combination of a plot with a spacious flat in a developing area of Kanchipuram district. The 'Nil' encumbrance status significantly de-risks the investment. While possession is symbolic, the competitive reserve price and clear legal title make it a valuable asset for potential homeowners or investors looking for a bank auction property.

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