Plot for auction 5 Lakshmi Avenue, Madhavaram, Chennai by PNB

Punjab National Bank is auctioning a residential plot in Madhavaram, Chennai. The property consists of Plot No.5 (1976 Sq.Ft.) and Plot No.6 (1950 Sq.Ft.), totaling 3926 Sq.Ft. in the 'Lakshmi Avenue' layout, located in Madhavaram Village, Chennai District. The property is bordered by roads and adjacent plots. It also includes an undivided share of land and a flat on the second floor with super built-up area of 1295 Sq.Ft., plus common areas and car parking. The property is offered under a SARFAESI auction.

This is a SARFAESI auction by Punjab National Bank for a residential plot in Madhavaram, Chennai. The property comprises Plot No. 5 (1976 Sq.Ft.) and Plot No. 6 (1950 Sq.Ft.), totaling 3926 Sq.Ft., in the 'Lakshmi Avenue' layout. It is situated at Survey No. 1269/2, Patta No. 3193, New Survey No. 148/14, Block No. 56, Ward D, Madhavaram Village. The property is bounded by a 20 ft road to the North, Plot No. 11 & 12 to the South, a 24 ft road to the East, and Plot No. 7 to the West. Dimensions are 77 ft East-West (North) and 74 ft East-West (South), 52 ft North-South (East), and 52 ft North-South (West). Additionally, it includes an undivided share of 328 Sq.Ft. of land and Flat No. S3 on the second floor with a super built-up area of 1295 Sq.Ft., along with common areas and a covered car parking. The reserve price is INR 46,34,000 and the EMD is INR 4,63,400. The auction is scheduled for April 29, 2025, from 11:00 AM to 4:00 PM.