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Land for sale in Chennai

Chennai, Tamil Nadu

Kotak Mahindra Bank · Kotak Mahindra Bank, Egmore, Chennai (SME Corporate Legal) - BO

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Reserve price
₹3,98,00,000
EMD
₹39,80,000
Bid increment
₹1,00,000
Area
600 sq ft
Price per sq ft
₹66,333

Key dates

  1. Inspect the property26 Oct 2026, 12:00 PM – 26 Oct 2026, 2:00 PM
  2. Pay EMD and submit bid by4 Nov 2026, 4:00 PM
  3. Auction5 Nov 2026, 1:00 PM – 2:00 PM · in 20 days

What you'd pay at the reserve price

EMD, before the auction
₹39,80,000
Rest of 25% when you win (same or next day)
₹59,70,000
Balance 75%, usually within 15 days
₹2,98,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹19.90 L – ₹31.84 L

You may bid above the reserve in steps of ₹1,00,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Residential · Land
Auction type
Bank sale (SARFAESI)
Address
Land measuring about 1 Ground and 600 Sq. ft., together with a Residential house comprising of a ground and first floor having a built up area of about 3,600 Sq. ft., bearing Plot no. 133, Kandasamy Nagar III Street, Palavakkam, Chennai – 600041, Comprised in S. No.115, now S. No. 115/20 as per Patta No.558, Palavakkam Village, Sholinganallur Taluk Bounded on the:- North by: Plot no. 132, Kandasamy Nagar III Street; South by: Plot no. 134, Kandasamy Nagar III Street; East by: Plot no. 142; West by : 30 Feet Road, now Kandasamy Nagar III Street; And situated within the Registration District of Neelankarai and Sub Registration District of Chennai South. Together with all existing buildings and structures thereon and buildings and structures as may be erected/constructed there upon any time from/after the date of respective mortgages and all additions thereto and all fixtures and furniture’s and plant and machinery attached to the earth or permanently fastened to anything attached to the earth, both present and future.
Borrower
M/s JB Sea Foods Trading Co

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