Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613856
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹20,70,000
EMD:₹2,07,000
Bid Increment:₹1,00,000
Auction Time:10.00 am to 4.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:26-11-2025 04:00 PM
Bid Start Date:2025-11-26
Property Description
A valuable parcel of land located in the Sriperumbudur Taluk of Kanchipuram district, Tamil Nadu. This residential plot offers a promising investment opportunity in a developing region. The property is being auctioned by Punjab National Bank under the SARFAESI Act.
State:Tamil Nadu
City:Kanchipuram
Area:Sriperumbudur Taluk
Asset Category:Residential
Full Address:F-1, JOY HOMES APARTMENT, No.111, Varadharajapuram Village, Sriperumbudur Taluk, Kancheepuram District, Varadharajapuram, Kancheepuram
Building/Society:JOY HOMES APARTMENT
Size:426 sq. ft.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a land parcel in Sriperumbudur Taluk, Kanchipuram, Tamil Nadu. The auction will take place on November 26, 2025, from 10:00 AM to 04:00 PM. The reserve price is ₹20,70,000, with an Earnest Money Deposit (EMD) of ₹2,07,000 required to participate.
Borrower Name:Mr.Kamalakannan.K
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.K.Dhatchayani
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a mixed investment opportunity. The location in Sriperumbudur offers potential growth, but the symbolic possession and land division add complexity. A reserve price of ₹2070000 warrants careful evaluation of market value and auction terms.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no: —
