Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612855
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹25,52,000
EMD:₹2,55,200
Bid Increment:₹50,000
Auction Time:10:00 am to 04:00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a land property located in Karaikkal, Puducherry, being auctioned by Punjab National Bank. The property is categorized as residential and is part of a SARFAESI auction. The borrower associated with this asset is M/s Shree Hari Agencies.
State:Puducherry
City:Puducherry
Area:Karaikkal
Asset Category:Residential
Full Address:Puduvai Registration District, Karaikal Sub Registration within Kottucherry Village No: 12, Thiruvettakudi Village, R.S.No.28/5, Old SF.No. 1091 P1, 1099 Pt, 1092, 1093, 1094/1, 1094/2, 1090 Pt, Patta No.706, Kottucherry Village, Karaikkal
Size:558 Sq.mtr
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a land property in Karaikkal, Puducherry. The auction will take place on November 26, 2025, starting at 10:00 AM and concluding at 04:00 PM. The reserve price for this property is ₹25,52,000.00, with an Earnest Money Deposit (EMD) of ₹2,55,200.00 required to participate.
Borrower Name:M/s Shree Hari Agencies
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Banumathi.S, Mrs.Sudna
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a vacant land in Karaikkal, presents a calculated opportunity. The location is decent, and the reserve price is reasonable. However, potential buyers should conduct thorough due diligence before bidding.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no: —
