Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614187
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹35,00,000
EMD:₹3,50,000
Bid Increment:₹50,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-11-29
Property Description
This is a residential flat located in Arakonam, Vellore, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act, originally belonging to M/s. EON International. This is a great opportunity to acquire a property in a well-connected area of Vellore.
State:Tamil Nadu
City:Vellore
Area:Arakonam
Asset Category:Residential
Full Address:Survey No.263/1, New Survey No.263/1A, Poondi Village, Walaja Taluk, Vellore District, Poondi Village, Walaja Taluk, Arakonam
Size:3580 sq.ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Arakonam, Vellore, Tamil Nadu. The auction will be held on 29-11-2025, starting at 10:30 AM and concluding at 11:30 AM. The reserve price for this auction is ₹35,00,000, with an Earnest Money Deposit (EMD) of ₹3,50,000 required to participate. Don't miss this chance to bid on this valuable asset.
Borrower Name:M/s. EON International
Auction Type:SARFAESI Auction
Guarantor Names:Sri. B. Syed Sathick Basha, Smt. B.Riyana, Smt.K Ajeesunnisha, Mr. B.Syed Sathick Basha, Mrs.B.Riyana, Mrs. K.Ajeesunnisha, Mrs.Tajunnisa
Legal Details
Possession Status:Not Known to Bank
Encumbrance Details:Not Known to Bank
Why This Property
Located in Arakonam, this flat and land parcel offers a decent investment opportunity at a reasonable reserve price. While not a prime location, the size of the land adds potential value. The auction terms are standard, making it a worthwhile option for calculated investors.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:044-28496339/28496900
