Land for Auction West Mambalam Chennai 26.3 Lakh by Punjab National Bank 30 May 2026
West Mambalam, Chennai
Area: 268 sq.ft
G-1, Ground Floor Old No. 12, New 21 Block-21- Gandhi Street West Mambalam
Punjab National Bank · ARMB
Reserve price
₹26,29,000
EMD ₹2,62,900
Auction date
30 May 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 268 sq.ft
- ▸Locality: West Mambalam
- ▸Reserve: ₹26,29,000
- ▸EMD: ₹2,62,900
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | West Mambalam |
| Built-up / plot area | 268 sq.ft |
| Lender | Punjab National Bank |
| Branch | ARMB |
| Unit / flat no. | G-1 |
| Floor | Ground Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in West Mambalam, Chennai by Punjab National Bank — reserve price ₹26,29,000, 268 sq.ft, Symbolic possession.
Bank auction property! A residential flat in West Mambalam, Chennai, is up for e-auction by Punjab National Bank. The property, located at G-1, Ground Floor Old No. 12, New 21 Block-21- Gandhi Street West Mambalam, features undivided share of land measuring 268 sq.ft . The auction includes symbolic possession. Don't miss this opportunity to invest in a prime Chennai location. Reserve price is ₹2629000.0 with EMD ₹262900.0. Auction date is 2026-05-30.
GeoSquare note: The property is a residential flat in a decent locality in Chennai, but the symbolic possession may delay immediate use. The reserve price seems reasonable for the location. Its prime value as an investment option, however, is affected by its current status and moderate size.
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