Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611950
Bank Name:Punjab National Bank
Branch Name:ARMB
Reserve Price:₹76,65,000
EMD:₹7,66,500
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 4:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:04-12-2025 05:00 PM
Bid Start Date:2025-12-05
Property Description
This is a valuable piece of land located in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The property is being auctioned by Punjab National Bank. It is a residential land parcel, offering a great opportunity for development or investment in a well-established area. Kanchipuram is known for its cultural heritage and growing infrastructure.
State:Tamil Nadu
City:Kanchipuram
Area:Chengalpattu Taluk
Asset Category:Residential
Full Address:Kalavakkam Village, Chengalpattu Taluk, Kancheepuram District, Tamil Nadu, Kalavakkam Village, Chengalpattu
Size:35.7483 acres
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a land property in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this residential land is ₹76,65,000, with an Earnest Money Deposit (EMD) of ₹7,66,500 required to participate. This is a direct opportunity to acquire land in a sought-after location.
Borrower Name:Mr.Sadham Hussain
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a large land parcel in a developing area of Chengalpattu, offering potential for appreciation. While the auction terms are standard, the location's growth prospects make it a worthwhile investment with careful consideration.
Contact Details
Branch:Branch Office : ARMB
Service Provider:BAANKNET
Contact Details:
Contact no: —
