Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614278
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹74,10,000
EMD:₹7,41,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
A residential flat located in Alandur Taluk, Kanchipuram, Tamil Nadu. This property is being auctioned by Canara Bank as part of a SARFAESI action. The borrower is M/s Cicada Paper Private Limited.
State:Tamil Nadu
City:Kanchipuram
Area:Alandur Taluk
Asset Category:Residential
Full Address:G2, G1, Sri Lakshmi Narasimmar, Door No 2/19, Mettu Colony, No 78 Manapakkam Village Sriperumbudur Taluk, now Alandur Taluk, Kancheepuram District, Manapakkam Village, Kanchipuram
Building/Society:Sri Lakshmi Narasimmar
Size:550, 509 Sq.ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Alandur Taluk, Kanchipuram, Tamil Nadu. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price for this auction is ₹74,10,000, with an Earnest Money Deposit (EMD) of ₹7,41,000.
Borrower Name:M/s Cicada Paper Private Limited
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property, located in Alandur Taluk, represents a calculated opportunity. The reserve price is reasonable, but further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
