Land and Building for Auction Azadh Road Tirunelveli 3.1 Crore by Punjab National Bank 07 Jul 2026
Azadh Road, Tirunelveli
Area: 26.19 cents
T.S.No-1698/1-part, 1698/2 T.S.ward No-16,Block No-8, D.No-87,87/R, Azadh Road, Tirunelveli corporation, Tirunelveli Taulk & Distt.
Punjab National Bank · ASSET RECOVERY MANAGEMENT BRANCH
Reserve price
₹3,11,40,000
EMD ₹31,14,000
Auction date
07 Jul 2026, 10:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 26.19 cents
- ▸Locality: Azadh Road
- ▸Reserve: ₹3,11,40,000
- ▸EMD: ₹31,14,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Azadh Road |
| Built-up / plot area | 26.19 cents |
| Lender | Punjab National Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH |
| Unit / flat no. | D.No-87,87/R |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Azadh Road, Tirunelveli by Punjab National Bank — reserve price ₹3,11,40,000, 26.19 cents, Symbolic possession.
Discover an excellent opportunity to acquire a residential building and land spanning 26.19 cents in Tirunelveli, Tamil Nadu, through a Punjab National Bank auction. This prime bank auction property, located on Azadh Road, features D.No-87,87/R within T.S.No-1698/1-part, 1698/2, T.S.ward No-16, Block No-8 of Tirunelveli corporation. The property boasts a reserve price of ₹31,140,000.0 with an EMD of ₹3,114,000.0. Bid increments are set at ₹100,000.0. The e-auction is scheduled for July 07, 2026, from 10:00 AM to 04:00 PM. While possession is symbolic, there are no known encumbrances. This residential plot for sale represents a valuable investment in a well-connected locality of Tirunelveli.
GeoSquare note: This residential land and building in Tirunelveli offers significant potential, situated on Azadh Road within a well-established area. The reserve price of ₹3.11 Crore appears reasonable for a 26.19-cent property in such a city. Although the possession status is symbolic, the absence of known encumbrances is a positive factor, mitigating some risk. Given the location and property type, it presents a strong buy opportunity for long-term appreciation.
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