Property for Auction in Arcot, Vellore, Tamil Nadu
Auction ID:550849
Bank Name:Punjab National Bank
Branch Name:ARMB
Reserve Price:₹1,04,00,000
EMD:₹10,40,000
Service Provider:BAANKNET
Submission Date:18-08-2025 05:00 PM
Bid Start Date:19-08-2025 11:00 AM
This auction features a residential plot situated in Arcot, a well-connected area within Vellore, Tamil Nadu. As a bank auction property, it represents a significant investment opportunity. The plot is part of a SARFAESI action initiated by Punjab National Bank. Details regarding the exact size, dimensions, and specific location within Arcot will be provided to interested bidders. The property is ideal for residential development or investment purposes.
State:Tamil Nadu
City:Vellore
Area:Arcot
Asset Category:Residential
Punjab National Bank presents a SARFAESI auction for a valuable residential plot located in Arcot, Vellore, Tamil Nadu. This is a prime opportunity to acquire a plot with a reserve price of ₹1,04,00,000 and an Earnest Money Deposit (EMD) of ₹10,40,000. The auction, held on behalf of the borrower M/s. Mother Industries, will take place on August 19, 2025, from 11:00 AM to 4:00 PM. Don't miss this chance to invest in a sought-after location in Vellore.
Borrower Name:M/s. Mother Industries
Auction Type:SARFAESI Auction
Contact Number: 9789922002, 9392387502