Land for Auction Vengupattu Village Vellore 1.2 Crore by Idbi Bank 23 Jul 2026
Vengupattu Village, Vellore
Area: 9.621 Acres
Sy No. 1, Vengupattu Village, Arakkonam Taluk, Vellore District, Tamilnadu.
IDBI Bank · Regional Office
Reserve price
₹1,18,52,210
EMD ₹11,85,221
Auction date
23 Jul 2026, 10:30 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 9.621 Acres
- ▸Locality: Vengupattu Village
- ▸Reserve: ₹1,18,52,210
- ▸EMD: ₹11,85,221
Auction snapshot
| Possession | Physical |
| Property type | Land · Residential |
| Locality | Vengupattu Village |
| Built-up / plot area | 9.621 Acres |
| Lender | IDBI Bank |
| Branch | Regional Office |
| Unit / flat no. | Sy No. 1 |
| Auction type | SARFAESI Auction |
| Service provider | bankeauctions.com / C1 India |
About this property
Land bank auction in Vengupattu Village, Vellore by IDBI Bank — reserve price ₹1,18,52,210, 9.621 Acres, Physical possession.
Discover a prime investment opportunity with IDBI Bank's e-auction of a 9.621 Acres Dry Punjai Land plot. Located in Vengupattu Village, Arakkonam Taluk, Vellore District, Tamilnadu, this bank auction property offers significant potential for agricultural or future development. The land, identified as Sy No. 1, is owned and mortgaged by Shri Shantilal Surana, with Surana Industries Ltd as the primary borrower. The property is available under physical possession on an 'As is where is' basis, ensuring a straightforward acquisition. The e-auction is scheduled for July 23, 2026, with an attractive reserve price of ₹1,18,52,210.0. Interested buyers can inspect this land for sale on July 8, 2026. This substantial land parcel in Vellore District is a strong option for investors seeking a valuable asset at a competitive bank auction price.
GeoSquare note: This large 9.621-acre dry Punjai land parcel in Vengupattu Village, Arakkonam Taluk, Vellore District, Tamil Nadu, presents a strong investment opportunity. With physical possession available and a clear auction process by IDBI Bank, it is a relatively secure asset. The reserve price of ₹1,18,52,210.0 for such a substantial area makes it an appealing option for agricultural expansion or long-term development plans, especially given its location in a well-connected district.
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