Land for Auction Vengaivasal Chennai 31.4 Lakh by Punjab National Bank 08 Jun 2026
Vengaivasal, Chennai
Area: 525 Sq.Ft
Plot No.B5, Survey No. 158/4B, Gandhi Nagar, Vengaivasal, Chennai 600073
Punjab National Bank · ARMB: Chennai
Reserve price
₹31,35,000
EMD ₹3,13,500
Auction date
08 Jun 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 525 Sq.Ft
- ▸Locality: Vengaivasal
- ▸Reserve: ₹31,35,000
- ▸EMD: ₹3,13,500
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Vengaivasal |
| Built-up / plot area | 525 Sq.Ft |
| Lender | Punjab National Bank |
| Branch | ARMB: Chennai |
| Unit / flat no. | B5 |
| Building / society | Jai Garden-85 Block |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Vengaivasal, Chennai by Punjab National Bank — reserve price ₹31,35,000, 525 Sq.Ft, Symbolic possession.
Seize this bank auction opportunity to acquire a valuable land in Vengaivasal, Chennai. This prime property, located at Plot No.B5, Gandhi Nagar, features a 525 Sq.Ft undivided share of land, part of a larger 2,231 sq.ft plot, along with a residential flat bearing No. F2. The auction, conducted by Punjab National Bank, offers a reserve price of ₹3165000.0 and an EMD of ₹316500.0. Don't miss out on this investment potential in a rapidly developing area. Explore this bank auction property for sale today!
GeoSquare note: The property is a vacant land and a flat located in Vengaivasal, Chennai, offered at a reserve price of ₹3165000.0. While the location is promising, the symbolic possession status slightly impacts its immediate usability. It presents a moderate investment opportunity, particularly for those looking at long-term growth potential in the Chennai area.
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