Property for Auction in Chengalpet Taluk, Kanchipuram, Tamil Nadu
Auction ID:561038
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH-I
Reserve Price:₹42,40,000
EMD:₹4,24,000
Service Provider:BAANKNET
Submission Date:19-09-2025 05:00 PM
Bid Start Date:20-09-2025 10:30 AM
This is a residential flat located in Chengalpet Taluk, Kanchipuram, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act due to loan default by the borrower, Mr. G. Sathish Kumar. Situated in a developing area, this flat offers a potential opportunity for homeownership or investment. The specific details regarding the flat's size, amenities, and exact location within Chengalpet Taluk will be available in the detailed auction particulars provided by Canara Bank. Prospective buyers are advised to conduct their own due diligence regarding the property's condition and legal status.
State:Tamil Nadu
City:Kanchipuram
Area:Chengalpet Taluk
Asset Category:Residential
Canara Bank is holding a SARFAESI auction for a residential flat in Chengalpet Taluk, Kanchipuram, Tamil Nadu. The auction will take place on September 20, 2025, from 10:30 AM to 11:30 AM. The reserve price for this property is INR 42,40,000, with an Earnest Money Deposit (EMD) of INR 4,24,000. This is a prime opportunity to acquire a residential flat in a sought-after location. Interested bidders should ensure all documentation is in order before participating. Please refer to the official Canara Bank auction notice for detailed terms and conditions.
Borrower Name:Mr.G.Sathish Kumar
Auction Type:SARFAESI Auction
Contact no:044 -28496339/2849 6900,7046612345/6354910172/8291220220/9892219848