Land and Building for Auction Sidco Industrial Estate Sipcot Karai Revenue Village Narsingapuram Revenue Villa Vellore 85 Lakh by Punjab National Bank 17 Jul 2026
Sidco Industrial Estate, Sipcot, Karai Revenue Village, Narsingapuram Revenue Village, Walaja Taluk, Vellore
Area: 7000.0 Sq Feet
Door No/Plot No 42, Sidco Industrial Estate, Sipcot, Walaja Taluk, Vellore District
Punjab National Bank · New Delhi
Reserve price
₹85,00,000
EMD ₹8,50,000
Auction date
17 Jul 2026, 11:00 AM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Area: 7000.0 Sq Feet
- ▸Locality: Sidco Industrial Estate, Sipcot, Karai Revenue Village, Narsingapuram Revenue Village, Walaja Taluk
- ▸Reserve: ₹85,00,000
- ▸EMD: ₹8,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Sidco Industrial Estate, Sipcot, Karai Revenue Village, Narsingapuram Revenue Village, Walaja Taluk |
| Built-up / plot area | 7000.0 Sq Feet |
| Lender | Punjab National Bank |
| Branch | New Delhi |
| Unit / flat no. | Plot No 42, SF No: 62,63,68,69,70, 225,226,352,353 |
| Building / society | Sidco Industrial Estate |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Sidco Industrial Estate, Sipcot, Karai Revenue Village, Narsingapuram Revenue Village, Walaja Taluk, Vellore by Punjab National Bank — reserve price ₹85,00,000, 7000.0 Sq Feet, Symbolic possession.
Discover a valuable industrial land and building bank auction property located at Plot No 42, Sidco Industrial Estate, Sipcot, Walaja Taluk, Vellore District, Tamil Nadu. This spacious property spans 7000 Sq Feet and includes various SF numbers across Karai and Narsingapuram Revenue Villages. Offered by Punjab National Bank, the auction features a reserve price of ₹85,00,000 and an EMD of ₹8,50,000, with a bid increment of ₹1,00,000. The e-auction is scheduled for July 7, 2026, from 11:00 AM to 04:00 PM. While possession is symbolic and there's a pending SA/stay on sale, this commercial property in Walaja, Vellore, presents a unique investment opportunity for industrial ventures. Contact Mr. O.P. Bhalotia for more details.
GeoSquare note: This industrial land and building in Sidco Industrial Estate, Walaja, Vellore, offers a good size at 7000 Sq Feet within an established industrial zone, suggesting strong business potential. The reserve price appears competitive for the area and property type. However, the symbolic possession status and the mention of pending SA/stay on sale introduce significant legal uncertainties and risks, which necessitate thorough due diligence by prospective buyers. This makes it a fair option, suitable for investors prepared to address potential legal hurdles.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.