Villa for Auction Neelangarai Ranga Reddy Garden Kanchipuram 2.3 Crore by Indian Bank 02 Jul 2026
Neelangarai, Ranga Reddy Garden, Kanchipuram
Area: 3900 Sq. ft.
Villa No. D3, Plot Nos. D, C, B & A (original Plot No.5, 6, 7 and 8), 12th Cross Street, Ranga Reddy Garden, Neelangarai, Chennai-600 115, Neelangarai Village, Sholinganallur Taluk, Chenglepet District.
Indian Bank · STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI
Reserve price
₹2,34,00,000
EMD ₹23,40,000
Auction date
02 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 3900 Sq. ft.
- ▸Locality: Neelangarai, Ranga Reddy Garden
- ▸Reserve: ₹2,34,00,000
- ▸EMD: ₹23,40,000
Auction snapshot
| Possession | Physical |
| Property type | Villa · Residential |
| Locality | Neelangarai, Ranga Reddy Garden |
| Built-up / plot area | 3900 Sq. ft. |
| Lender | Indian Bank |
| Branch | STRESSED ASSETS MANAGEMENT BRANCH - CHENNAI |
| Unit / flat no. | Villa No. D3, Plot Nos. D, C, B & A |
| Building / society | Ranga Reddy Garden |
| Floor | Ground, First and Second Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Villa bank auction in Neelangarai, Ranga Reddy Garden, Kanchipuram by Indian Bank — reserve price ₹2,34,00,000, 3900 Sq. ft., Physical possession.
A luxurious 3900 sq. ft. residential villa (No. D3) is available for bank auction in the highly sought-after Ranga Reddy Garden, Neelangarai, Chennai. This spacious bank auction property, featuring Ground, First, and Second Floors on Plots D, C, B & A (original 5, 6, 7 & 8), offers an exceptional investment opportunity. Situated on 12th Cross Street, Neelangarai Village, Sholinganallur Taluk, Chenglepet District, this premium villa has a reserve price of ₹23,400,000 and an Earnest Money Deposit (EMD) of ₹2,340,000. The e-auction is scheduled for July 2, 2026, from 11:00 AM to 4:00 PM. Property inspection is available on June 22-23, 2026. This is a rare chance to acquire a prime villa in Chennai with no prior encumbrance, making it a secure and attractive purchase.
GeoSquare note: This villa presents a strong investment opportunity due to its prime location in Neelangarai, Chennai, a well-regarded residential area. The property is a substantial 3900 sq. ft. luxury villa, indicating good potential for appreciation and rental yield. With a clear 'Nil' encumbrance status and 'physical possession' by the bank, it offers a secure and straightforward acquisition. The detailed description and transparent auction timeline further enhance its appeal for serious investors.
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