Land for auction Sannanallur Village Nannilam 97 lakh Punjab National Bank

This is a prime piece of land located in Nannilam, Mayiladuthurai, Tamil Nadu, offered for auction by Punjab National Bank. The property falls under the residential asset category and is being auctioned under SARFAESI regulations. Situated in a developing area, this land presents an excellent opportunity for residential development or investment. Its strategic location in Mayiladuthurai ensures good connectivity and potential for future appreciation. The land is a valuable asset in a growing region.

Punjab National Bank is conducting a SARFAESI auction for a residential land parcel in Nannilam, Mayiladuthurai, Tamil Nadu. The auction is scheduled for December 5, 2025, commencing at 11:00 AM and concluding at 4:00 PM. The reserve price for this valuable plot is ₹97,00,000, with an Earnest Money Deposit (EMD) of ₹9,70,000. This is a significant opportunity for buyers looking to invest in real estate in the Mayiladuthurai district. All interested parties are encouraged to participate in this timely auction.

The property represents a calculated opportunity due to its location in Nannilam and its land type. The reserve price is moderate, and auction terms are standard. It's worth investigating further for potential value appreciation in the area.