Flat for auction - Padur Villa, Chengalpet, Kanchipuram by Canara

This inviting residential flat, designated as F-2 on the First Floor, boasts a generous plinth area of 1130 sq.ft, inclusive of common areas, offering comfortable living space. Situated in Angalamman Koil Street, Padur Village, Thiruporur Taluk, Chengalpattu District (formerly Kanchipuram District), the property benefits from its location in a developing region of Tamil Nadu. The flat is part of a plot measuring 1048 sq.ft, with an undivided share of 352 sq.ft. The property is conveniently bounded by a 20-feet road to the East, with established land parcels to the North, South, and West, ensuring defined boundaries and accessibility. This property presents a solid foundation for a home or a sound investment, with potential for appreciation in the burgeoning Chengalpattu area. Buyers are advised to familiarize themselves with the property's specific location and surrounding amenities.

This SARFAESI auction presents a compelling opportunity for new buyers to acquire a residential flat in the growing Chengalpattu District of Tamil Nadu. The property, located in Padur Village within Thiruporur Taluk, is offered by Canara Bank with a reserve price of INR 25,00,000 and an Earnest Money Deposit (EMD) of INR 2,50,000. The auction is scheduled for February 20, 2025, with bidding open from 10:30 AM to 11:30 AM. Prospective buyers must submit their applications by February 19, 2025, 5:00 PM. This process, managed by BAANKNET, is a transparent way to purchase property directly from the bank, potentially at attractive prices. Interested parties are encouraged to conduct thorough due diligence regarding the property's condition, legal status, and market value before participating. For inquiries, contact Canara Bank's Asset Recovery Management Branch at 044-28496339/2849.