Plot for Auction Veerapuram Morai Village Avadi Chennai 74.4 Lakh by Indian Overseas Bank 29 Jun 2026
Veerapuram, Morai Village, Avadi, Chennai
Area: 3232.0 Sq.Ft
Door No.74, Perumal Koil Street, Veerapuram, Morai Village, Avadi, Chennai-600055
Indian Overseas Bank · Regional Office
Reserve price
₹74,40,000
EMD ₹7,44,000
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3232.0 Sq.Ft
- ▸Locality: Veerapuram, Morai Village, Avadi
- ▸Reserve: ₹74,40,000
- ▸EMD: ₹7,44,000
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Veerapuram, Morai Village, Avadi |
| Built-up / plot area | 3232.0 Sq.Ft |
| Lender | Indian Overseas Bank |
| Branch | Regional Office |
| Unit / flat no. | Door No.74 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Veerapuram, Morai Village, Avadi, Chennai by Indian Overseas Bank — reserve price ₹74,40,000, 3232.0 Sq.Ft, Symbolic possession.
Discover a prime residential plot for sale via bank auction in Avadi, Chennai. This spacious 3232 sq. ft. plot, located at Door No.74, Perumal Koil Street, Veerapuram, Morai Village, Chennai-600055, offers excellent investment potential in a developing locality. The property features good connectivity and is ideal for building your dream home. Indian Overseas Bank is conducting the e-auction on 2026-06-29, with a reserve price of ₹74,40,000 and an EMD of ₹7,44,000. Don't miss this opportunity to acquire a valuable bank auction property in Tamil Nadu. Property inspection available from 2026-06-15 to 2026-06-25.
GeoSquare note: This residential plot in Avadi, Chennai, offers a substantial area of 3232 sq. ft. in a growing urban fringe. While the possession status is symbolic, the clear auction details, reasonable reserve price, and defined inspection period make it an attractive opportunity. The location in Chennai adds to its long-term investment appeal, making it a strong buy for development or future appreciation.
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