Land and Building for Auction Velachery Chennai 47.3 Lakh by Punjab National Bank
Velachery, Chennai
Area: 817 sq. ft.
Old door No 31C, new door No.3, Orandiamman Koil Avenue/Street, Velachery, Chennai 600042
Punjab National Bank · SAMB ,Chennai
Reserve price
₹47,27,000
EMD ₹4,72,700
Auction date
18 Aug 2026, 11:00 AM
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Quick read
- ▸Area: 817 sq. ft.
- ▸Locality: Velachery
- ▸Reserve: ₹47,27,000
- ▸EMD: ₹4,72,700
Auction snapshot
| Possession | — |
| Property type | Land And Building · Residential |
| Locality | Velachery |
| Built-up / plot area | 817 sq. ft. |
| Lender | Punjab National Bank |
| Branch | SAMB ,Chennai |
| Unit / flat no. | Flat No. C |
| Building / society | Raj Enclave |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Velachery, Chennai by Punjab National Bank — reserve price ₹47,27,000, 817 sq. ft..
Explore this prime bank auction property located in the highly sought-after area of Velachery, Chennai. This residential flat is situated in the well-known 'Raj Enclave' building. The property features a built-up area of 817 sq. ft. and includes dedicated car parking. This is an excellent opportunity for homebuyers and investors looking to acquire a residential unit in a strategic Chennai location at an attractive reserve price of ₹47,27,000. Interested buyers must note that the auction is scheduled for August 18, 2026. Don't miss out on this bank auction property; ensure your EMD is submitted by August 17, 2026. For detailed terms and physical inspection, contact Punjab National Bank authorized officers.
GeoSquare note: Located in the well-connected suburb of Velachery, this residential flat offers excellent value given the competitive reserve price. With clear encumbrance status (Nil) and a prime location, it is a highly recommended investment for those looking for residential stability in Chennai.
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