Land for auction 5 Madhavaram Villa, Madhavaram, Chennai by PNB

Property for Auction in Madhavaram, Chennai, Tamil Nadu

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Madhavaram, Chennai
Auction Date IconAuction Date:
30-07-2025 11:00 AM

Auction Details

Auction ID:534915

Bank Name:Punjab National Bank

Branch Name:ARMB

Reserve Price:46,80,000

EMD:4,68,000

Service Provider:BAANKNET

Important Dates

Submission Date:29-07-2025 05:00 PM

Bid Start Date:30-07-2025 11:00 AM

Property Description

The property comprises of two land plots, Plot No.5 (1976 Sq ft) and Plot No.6 (1950 Sq ft), totaling 3926 Sq ft, located in "LAKSHMI AVENUE" in Madhavaram, Chennai. It also includes an undivided share of 328 Sq ft in this land and a residential flat (Flat No.13) on the Third Floor with a super built-up area of 1295 Sq ft, plus covered car parking. The property is bounded by a 20 Feet Road to the North, Plot No. 11 & 12 to the South, a 24 Feet Road to the East, and Plot No. 7 to the West. The dimensions are approximately 77 ft (East-West) on the North and 74 ft (East-West) on the South, with 52 ft (North-South) on both East and West sides.

State:Tamil Nadu

City:Chennai

Area:Madhavaram

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Punjab National Bank for a residential property in Madhavaram, Chennai. The property includes land and a building, specifically two plots (Plot No.5 and Plot No.6) totaling 3926 sq ft, and a residential flat (Flat No.13 on the Third Floor) with a super built-up area of 1295 sq ft, including covered car parking and common amenities. The land is situated at No.34, Block No.56, Ward D, in Madhavaram Village, with specific boundaries and measurements provided. The reserve price is INR 4,680,000.00 and the EMD is INR 468,000.00. The auction is scheduled for July 30, 2025, from 11:00 AM to 4:00 PM. The property belongs to Mr. Anand Pandiyan.

Borrower Name:Mr.Anand Pandiyan

Auction Type:SARFAESI Auction

Contact Details

Cell No : 9789922002 / 9392387502

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