Plot for auction 42 Sipcot, Walajah, Vellore by PNB

A residential plot situated in Walajah, a key area within Vellore, Tamil Nadu. This property offers a significant opportunity for development or investment. Its location in Walajah provides access to local amenities and infrastructure. The plot is being offered by Punjab National Bank under the SARFAESI Act. Ideal for builders and investors looking for land in a growing region of Tamil Nadu.

Punjab National Bank presents a SARFAESI auction for a residential plot located in Walajah, Vellore, Tamil Nadu. The auction will take place on August 12, 2025, from 11:00 AM to 4:00 PM. The reserve price for this valuable asset is INR 11,133,000, with an Earnest Money Deposit (EMD) of INR 1,113,300 required to participate. This is a prime opportunity to acquire property in a developing area. All interested parties are encouraged to review the full auction terms and conditions. The property is being auctioned due to the default by the borrower, M/s GENUINE INTERNATIONAL.