Land and Building for Auction Panayapuram Village Villupuram 51.6 Lakh by Karnataka Bank 23 Jul 2026
Panayapuram Village, Villupuram
Area: 211.0 sqm
Door No:5, S.No:304/1 Plot & S.No: 303/3 Plot, Pondi Road, Panayapuram Village, Vikravandi Taluk, Villupuram District
Karnataka Bank · Asset Recovery Management Branch
Reserve price
₹51,60,000
EMD ₹5,16,000
Auction date
23 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 211.0 sqm
- ▸Locality: Panayapuram Village
- ▸Reserve: ₹51,60,000
- ▸EMD: ₹5,16,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Panayapuram Village |
| Built-up / plot area | 211.0 sqm |
| Lender | Karnataka Bank |
| Branch | Asset Recovery Management Branch |
| Unit / flat no. | Door No:5, S.No:304/1 Plot, S.No: 303/3 Plot |
| Auction type | SARFAESI Auction |
| Bid increment | ₹75,000 |
| Service provider | Auctionbazaar |
About this property
Land And Building bank auction in Panayapuram Village, Villupuram by Karnataka Bank — reserve price ₹51,60,000, 211.0 sqm, Symbolic possession.
Discover a prime residential land and building property available for e-auction by Karnataka Bank Ltd. Located at Door No:5, Pondi Road, Panayapuram Village, Vikravandi Taluk, Villupuram District, this property spans a total area of 211 sqm across S.No:304/1 and S.No:303/3. The bank auction features a reserve price of ₹51,60,000 and an EMD of ₹5,16,000, with bidding increments of ₹75,000. Conveniently situated near Iyengar Sweets, Panayapuram, this bank auction property offers a significant investment opportunity in Tamil Nadu. The e-auction is scheduled for July 23, 2026, from 11:00 AM to 11:30 AM, with the last date for EMD submission on July 22, 2026. This residential property for sale is offered on an 'as is where is' basis with symbolic possession, making it an attractive proposition for informed investors.
GeoSquare note: This residential land and building property in Panayapuram Village, Villupuram District, presents a fair investment opportunity. The location is clearly defined with a landmark. While the reserve price seems reasonable for 211 sqm, the symbolic possession status and 'as is where is' clause imply due diligence is crucial. It's a good option for buyers looking for residential properties in the Vikravandi area, but potential buyers should conduct thorough legal and physical verification before bidding.
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