Land and Apartment for auction Kalavakkam Chengalpattu 63 lakh Punjab National Bank

This auction features a valuable parcel of land located in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. Situated in a developing area, this plot offers significant potential for residential development. The property is offered by Punjab National Bank as part of a SARFAESI auction. Its strategic location provides accessibility to essential services and transportation networks. This is an excellent opportunity for investors or individuals looking to acquire land for future building projects in a sought-after region. The land is registered under borrower Mr.Sentilvelan A.

Punjab National Bank is conducting a SARFAESI auction for a residential land parcel in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The auction will take place on December 5, 2025, commencing at 11:00 AM and concluding at 4:00 PM. The reserve price for this property is ₹63,20,000, with an Earnest Money Deposit (EMD) of ₹6,32,000 required to participate. This is a prime opportunity to acquire land in a developing area, ideal for residential purposes. Interested bidders are encouraged to review all auction terms and conditions prior to participation.

The property presents a strong investment due to its combination of land and residential components in a developing area. The reserve price and EMD seem reasonable for the location, although further due diligence on the property's history and market trends is advised. The auction terms are standard, offering a clear path for potential buyers.