Commercial Property for Auction Poiyappakkam Village Vellore 2.3 Crore by Punjab National Bank 16 Jun 2026
Poiyappakkam Village, Vellore
Area: 2.01 Acres
S.No. 19/1A2, Agan Street, Poiyappakkam Village, Arakkonam, Vellore
Punjab National Bank · ARMB: Chennai
Reserve price
₹2,30,00,000
EMD ₹23,00,000
Auction date
16 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 2.01 Acres
- ▸Locality: Poiyappakkam Village
- ▸Reserve: ₹2,30,00,000
- ▸EMD: ₹23,00,000
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Property · Commercial |
| Locality | Poiyappakkam Village |
| Built-up / plot area | 2.01 Acres |
| Lender | Punjab National Bank |
| Branch | ARMB: Chennai |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,00,000 |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Poiyappakkam Village, Vellore by Punjab National Bank — reserve price ₹2,30,00,000, 2.01 Acres, Symbolic possession.
Bank auction property! Prime commercial property for sale in Arakonam, Vellore. This 2.01-acre land and building, located in Poiyappakkam Village, is available through e-auction on June 16, 2026. The reserve price is ₹23,000,000 with an EMD of ₹2,300,000. The property is owned by Mr. R. Agan Allwyn Das and includes machinery items. Don't miss this opportunity to invest in a strategically located commercial space. Contact Punjab National Bank for more details. Physical Possession.
GeoSquare note: The property is a commercial land and building in Arakonam, offered at a reserve price of ₹23,000,000. Its location in Poiyappakkam Village, along with the availability of Physical possession, could make it a worthwhile investment. However, potential buyers should carefully evaluate the location and the specific conditions of the property before bidding.
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