Plot for auction A Arcot, Vellore by PNB

This listing details a residential plot situated in Arcot, within the Vellore district of Tamil Nadu. Previously mortgaged to Punjab National Bank, the property is being auctioned under SARFAESI provisions. The plot offers a solid investment opportunity in a sought-after location. Further details regarding the specific dimensions, location advantages, and any existing structures or amenities will be available to prospective bidders. Enquire for more information.

Punjab National Bank invites bids for a SARFAESI auction of a residential plot located in Arcot, Vellore, Tamil Nadu. The property is associated with borrower M/s. Mother Industries. The auction will commence on August 19, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price is ₹1,04,00,000, with an Earnest Money Deposit (EMD) of ₹10,40,000 required to participate. This is a prime opportunity to acquire a plot in a developing area.