Plot for auction Walaja Vellore 94 lakh Punjab National Bank

Property for Auction in Walaja, Vellore, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
7000 Sq Feet
Reserve Price
94,00,000
Reserve Price
94,00,000
EMD Required
9,40,000
Property Specifications
Society/BuildingSIDCO Industrial Estate, SIPCOT
Size7000 Sq Feet
Unit No.42
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Plot
Location IconLocation:
Walaja, Vellore
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:613226

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:94,00,000

EMD:9,40,000

Bid Increment:1,00,000

Auction Time:11:00 am to 04:00 pm

Service Provider:BAANKNET

Important Dates

Submission Date:25-11-2025 05:00 PM

Bid Start Date:2025-11-26

Property Description

This is a prime plot of land located in Walaja, Vellore, Tamil Nadu, offered for auction by Punjab National Bank. The property is classified as residential and presents an excellent investment opportunity in a developing area. Situated within the jurisdiction of the Vellore district, it provides convenient access to local amenities and transportation networks. The plot is being sold through a SARFAESI auction, indicating a clear title and a straightforward transaction process. Ideal for developers or individuals looking to build their dream home or a profitable venture.

State:Tamil Nadu

City:Vellore

Area:Walaja

Asset Category:Residential

Full Address:42, SIDCO Industrial Estate, SIPCOT, Plot No 42, SIDCO Industrial Estate, SIPCOT, Ranipet, Walaja, Vellore

Building/Society:SIDCO Industrial Estate, SIPCOT

Size:7000 Sq Feet

Auction Description

Punjab National Bank is conducting an online SARFAESI auction for a valuable residential plot in Walaja, Vellore, Tamil Nadu. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this attractive property is ₹94,00,000, with an Earnest Money Deposit (EMD) of ₹9,40,000 required to participate. This is a fantastic opportunity to acquire a significant asset directly from the bank. Interested bidders are encouraged to review all auction terms and conditions on the bank's official portal.

Borrower Name:M/s GENUINE INTERNATIONAL CC

Auction Type:SARFAESI Auction

Guarantor Names:Mr N Azeez Rahman

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property, a plot in Walaja, Vellore, presents a calculated opportunity due to its industrial zoning and substantial size. The reserve price and EMD are considerable, requiring thorough due diligence. The symbolic possession status adds a layer of complexity.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Rajesh Kumar

Contact no:8451880664

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