Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614596
Bank Name:Punjab National Bank
Branch Name:ASSET RECORD FLOORMENT BRANCH SOUTH DELHI
Reserve Price:₹1,02,38,000
EMD:₹10,20,000
Bid Increment:₹1,00,000
Auction Time:11:00 am to 04:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 04:00 PM
Bid Start Date:2025-11-26
Property Description
This is a residential house located in Walajah, Vellore, Tamil Nadu. The property is being auctioned by Punjab National Bank under SARFAESI regulations. It is an excellent opportunity to acquire a home in a well-established area. The auction presents a chance for potential buyers to own a house in Vellore. The property is registered under the name of Mis GENUINE INTERNATIONAL.
State:Tamil Nadu
City:Vellore
Area:Walajah
Asset Category:Residential
Full Address:Property bearing no: 2639 S.F. No 699/1 & 699/2 & Document No: 3982 S.F. No. 699/1, 699/2A in Ananthalal Revenue Village and panchayat, Walaja Taluk, Ananthalai Revenue Village, Vellore
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential house in Walajah, Vellore, Tamil Nadu. The auction is scheduled to take place on November 26, 2025, from 11:00 AM to 04:00 PM. The reserve price for this auction is ₹1,02,38,000, with an Earnest Money Deposit (EMD) of ₹10,20,000. This is a fantastic opportunity for interested parties to bid on this property.
Borrower Name:Mis GENUINE INTERNATIONAL
Auction Type:SARFAESI Auction
Guarantor Names:Mr N Azeez Rahman
Legal Details
Possession Status:Symbolic
Encumbrance Details:There is no SA pending / stay on sale of property
Why This Property
The property, a house in Walajah, Vellore, presents a calculated opportunity. While the location may not be prime, the reserve price of ₹102.38 Lakhs makes it a potentially worthwhile investment. Further due diligence is recommended given symbolic possession.
Contact Details
Branch:Branch Office : ASSET RECORD FLOORMENT BRANCH SOUTH DELHI
Service Provider:BAANKNET
Contact Details:
Rajesh Kumar
Contact no:8451880664
