Land for Auction Vellakarai Cuddalore 33 Lakh by Punjab National Bank 07 Jul 2026
Vellakarai, Cuddalore
Area: 20603.0 Sq.ft.
Vellakarai village, Cuddalore Registration District, Cuddalore Joint II Sub Registry, within the Jurisdiction of Cuddalore Panchayat Union Limit, Cuddalore, Tamil Nadu.
Punjab National Bank · ASSET RECOVERY MANAGEMENT BRANCH
Reserve price
₹33,00,000
EMD ₹3,30,000
Auction date
07 Jul 2026, 10:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 20603.0 Sq.ft.
- ▸Locality: Vellakarai
- ▸Reserve: ₹33,00,000
- ▸EMD: ₹3,30,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Vellakarai |
| Built-up / plot area | 20603.0 Sq.ft. |
| Lender | Punjab National Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH |
| Unit / flat no. | Natham N.S.No. 460/8 A, Sub Division N.S. No. 460/8 A 1, Previous N.S.No.460/8, O.S. Nos.388/15, 388/25 (ITEM NO.1); Natham N.S.No. 460/ 8E, Previous N.S.No.460/8, O.S.No.388/15 (ITEM NO.2) |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Vellakarai, Cuddalore by Punjab National Bank — reserve price ₹33,00,000, 20603.0 Sq.ft., Symbolic possession.
Discover an excellent bank auction opportunity from Punjab National Bank: two expansive land plots in Vellakarai village, Cuddalore. Spanning a total area of 20603 Sq.ft. with Natham N.S.No. 460/8 A, 460/8 A 1, 460/8E, and O.S. Nos. 388/15, 388/25, these plots are ideal for investment. Situated within the Cuddalore Panchayat Union Limit, the property is offered with a competitive reserve price of ₹33,00,000. The e-auction is scheduled for July 7, 2026, from 10:00 AM to 04:00 PM. A mandatory EMD of ₹3,30,000 is required. This valuable bank auction property is under symbolic possession, ensuring no known encumbrances. A compelling prospect for land investors and developers looking for property for sale in Cuddalore.
GeoSquare note: This auction presents a strong opportunity for land investors in Cuddalore, featuring two substantial land plots totaling 20603 sq.ft. in Vellakarai village. The attractive reserve price of ₹33,00,000, combined with no known encumbrances, makes it a fair option for growth. While possession is symbolic, which requires due diligence, the overall location and property type indicate good long-term investment potential.
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