595 sq feet Flat for Auction in Tiruvallur – PNB

Property Details

Property type

Flat (Residential)

Possession

Symbolic Possession

Area

595 sq feet (≈ 595 sq ft)

Reserve price / sq ft

₹4,874

Locality

—

City

Tiruvallur

State

Tamil Nadu

Pincode

602001

Address

Tiruvallur, Tamil Nadu, 602001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

ARMB CHENNAI 361200

Auction type

SARFAESI Auction

Borrower

K Y*****

Auction start

06 Oct 2026, 11:00 AM

Auction end

06 Oct 2026, 04:00 PM

EMD submission deadline

06 Oct 2026, 03:59 PM

Inspection

—

Authorised officer

MAREESKANNAN

Officer contact

9560103388

E-auction portal

BAANKNET (Property ID punbadc10246883)

Price Check

This listing's reserve price works out to ₹4,874 per sq ft. The average across residential bank auctions in Tiruvallur on our site is ₹2,763 per sq ft, so this one is 76% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID punbadc10246883)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 06 Oct 2026, 03:59 PM. It is refunded if you don't win.
5. Bid online on 6 Oct 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.