Property for Auction in Madhavaram, Chennai, Tamil Nadu
Auction ID:521274
Bank Name:Punjab National Bank
Branch Name:ARMB
Reserve Price:₹96,82,200
EMD:₹9,68,220
Service Provider:BAANKNET
Submission Date:26-06-2025 05:00 PM
Bid Start Date:27-06-2025 11:00 AM
The property is a piece of land located in Madhavaram, Chennai, Tamil Nadu. It consists of approximately 30,416 Sq.ft. of land in total, distributed across four survey numbers and plots within a layout. Specifically, it includes: Item No. 1: 25 cents in Survey Nos. 1414/2A and 1415/1. Item No. 2: Vacant land of 1800 sq ft in Plot No. 22 and 1800 sq ft in Plot No. 23, both in Vana Sakthi Nagar Extension, comprised in Survey Nos. 1413 and 1414/1. Item No. 3: 31 cents of vacant land in Survey No. 1413 part and 1414/1. Item No. 4: 2400 sq.ft. of vacant land in Plot No. 20, comprised in Survey No.1414/1, situated in Vanasakthinagar. Schedule B of the property includes 394 sq.ft. undivided share of land out of Schedule A property, along with Apartment Flat No.403 on the 4th Floor in Block 'A' having a super built-up area of 1469 sq.ft., located in "99 DELIGHTS" at Inner Ring Road, Ponniammanmedu, Madhavaram, Chennai 600060. The property is situated within the Registration District of North Chennai and the Sub-district of Madhavaram. The property is categorized as Residential Asset.
State:Tamil Nadu
City:Chennai
Area:Madhavaram
Asset Category:Residential
This is a SARFAESI auction by Punjab National Bank for a piece of land in Madhavaram, Chennai. The property comprises of approximately 30,416 Sq.ft. of land, divided into four items. Item No. 1 is 25 cents in Survey No. 1414/2A and 1415/1. Item No. 2 includes vacant land measuring 1800 sq ft in Plot No. 22 and 1800 sq ft in Plot No. 23, both in Vana Sakthi Nagar Extension, Survey Nos. 1413 and 1414/1. Item No. 3 is 31 cents of vacant land in Survey No. 1413 part and 1414/1. Item No. 4 is vacant land bearing Plot No. 20, an extent of 2400 Sq.ft., in Vanasakthinagar, Survey No.1414/1. Additionally, Schedule B includes an undivided share of land (394 sq.ft.) along with Apartment Flat No. 403 on the 4th Floor in Block 'A' with a super built-up area of 1469 sq.ft. in "99 DELIGHTS" located at Inner Ring Road, Ponniammanmedu, Madhavaram, Chennai. The reserve price is 96,82,200.00, and the EMD is 9,68,220.00. The auction is conducted by Punjab National Bank, ARMB branch, serviced by BAANKNET. The auction will be held on 27-06-2025 from 11:00 AM to 04:00 PM.
Borrower Name:Ramesh Pandian. G
Auction Type:SARFAESI Auction
Contact Cell: 9789922002, 9392387502