Property for Auction in Madhavaram, Chennai, Tamil Nadu
Auction ID:555930
Bank Name:Punjab National Bank
Branch Name:ARMB
Reserve Price:₹46,34,000
EMD:₹4,63,400
Service Provider:BAANKNET
Submission Date:28-08-2025 05:00 PM
Bid Start Date:29-08-2025 11:00 AM
This offering is for a residential plot located in the well-connected area of Madhavaram, Chennai, Tamil Nadu. The property, formerly associated with borrower Mr. R. Hemanth Swaroup Raja, presents a blank canvas for your development aspirations. Situated in a growing urban locale, it offers potential for residential construction. The plot is being auctioned by Punjab National Bank under the SARFAESI Act, providing a transparent and direct acquisition process. Explore the possibilities of building your dream home or a sound investment in this accessible Chennai neighborhood.
State:Tamil Nadu
City:Chennai
Area:Madhavaram
Asset Category:Residential
Punjab National Bank is holding a SARFAESI auction for a residential plot in Madhavaram, Chennai, Tamil Nadu. This is a great opportunity to acquire property directly from the bank. The auction starts on August 29, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price for this asset is INR 46,34,000, with an Earnest Money Deposit (EMD) of INR 4,63,400 required to participate. Don't miss this chance to invest in a promising location.
Borrower Name:Mr. R. Hemanth Swaroup Raja
Auction Type:SARFAESI Auction
Contact No : 9840037314 / 9392387502