Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:613259
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹34,00,000
EMD:₹3,40,000
Bid Increment:₹50,000
Auction Time:10:00 am to 04:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:26-11-2025 10:00 AM
Bid Start Date:2025-11-26
Property Description
This is a prime land parcel located in the well-developed Srirangam Taluk of Tiruchirappalli, Tamil Nadu. As a residential asset category, this land offers excellent potential for development. Situated in a region known for its growth, it presents a valuable opportunity for astute investors or individuals looking to build their dream home. The property is being auctioned by Punjab National Bank.
State:Tamil Nadu
City:Tiruchirappalli
Area:Srirangam Taluk
Asset Category:Residential
Full Address:407, MKB Elina, SF No.2/6 part, Kamarajar Street, KK Nagar Tiruchirapalli, Plot No.407 at present Door No.29, KK Nagar, Trichy
Building/Society:MKB Elina
Size:371.61 Sq. mt
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a valuable land parcel in Srirangam Taluk, Tiruchirappalli, Tamil Nadu. The auction has a reserve price of ₹34,00,000 and an Earnest Money Deposit (EMD) of ₹3,40,000. This is an opportunity to acquire a significant plot of land in a growing area. The auction will take place on 26-11-2025, starting at 10:00 AM and concluding at 04:00 PM on the same day. Don't miss this chance to invest in prime real estate.
Borrower Name:Mrs.M.Suganya
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.M.Suganya
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, located in the developing KK Nagar area of Trichy, offers a good balance of land and residential space. The reserve price appears reasonable for the location and property type, making it a potentially strong investment. Auction terms are standard, and due diligence is recommended.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no: —
