Property for Auction in Saidapet, Chennai, Tamil Nadu
Auction ID:543506
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹71,25,000
EMD:₹7,12,500
Service Provider:BAANKNET
Submission Date:18-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:30 AM
A residential flat located in Saidapet, Chennai, Tamil Nadu. This property is being offered for sale through a bank auction by Canara Bank. Saidapet is a well-established locality in Chennai, known for its accessibility and amenities. The flat is categorized as residential property. Further details regarding the specific location within Saidapet, built-up area, floor, and other specifications will be available in the official auction notice. Prospective buyers should conduct their own due diligence on the property before participating in the auction.
State:Tamil Nadu
City:Chennai
Area:Saidapet
Asset Category:Residential
This is a SARFAESI auction conducted by Canara Bank for a residential flat in Saidapet, Chennai, Tamil Nadu. The auction will take place on August 20, 2025, from 11:30 AM to 12:30 PM. The reserve price for this property is ₹71,25,000, with an Earnest Money Deposit (EMD) of ₹7,12,500 required. The property is being auctioned due to the default of the borrower, Sri. Packiaraj Joseph G. Interested parties are encouraged to participate in this opportunity to acquire a property in a well-known area of Chennai.
Borrower Name:Sri. Packiaraj Joseph G
Auction Type:SARFAESI Auction
Contact No.: No. 9740145622