Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612504
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE, VELLORE
Reserve Price:₹31,35,000
EMD:₹3,13,500
Bid Increment:₹10,000
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This is a residential flat located in Cheyyar Taluk, Tiruvannamalai, Tamil Nadu. The property is part of a SARFAESI auction conducted by Canara Bank. It is an excellent opportunity to acquire a property in a developing area. The flat is suitable for individuals or families looking for a home in this region.
State:Tamil Nadu
City:Tiruvannamalai
Area:Cheyyar Taluk
Asset Category:Residential
Full Address:Plot No.10,11,12, Dry S.No. 35/1A1 (Sub Div No. 35/1A1B) (Old Sub Div. No. 35/16A1B1) (Old S.No. 35/16A1B), (New S.No.35/56) Tiruvannamalai Dist, Cheyyar Reg Dist, Arni Sub-Reg Dist, Arni Taluk, Velapadi Group, Samanthavadi Village, Plot No.10,11,12, Samanthavadi Village, Cheyyar
Size:2358 Sq.ft
Auction Description
Canara Bank is holding a SARFAESI auction for a residential flat in Cheyyar Taluk, Tiruvannamalai, Tamil Nadu. The auction will take place on 21-11-2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this property is ₹31,35,000, and the EMD (Earnest Money Deposit) is ₹3,13,500. This is a significant opportunity for potential buyers to acquire the asset from M/s. Arasu Traders.
Borrower Name:M/s. Arasu Traders
Auction Type:SARFAESI Auction
Guarantor Names:Mr. E Arasu, Mrs. A Sudha, Mr. A.Gokul
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in Samanthavadi Village, offered at a reasonable reserve price. Its location and size present a calculated opportunity for potential buyers. However, thorough due diligence is advised before bidding.
Contact Details
Branch:Branch Office : REGIONAL OFFICE, VELLORE
Service Provider:BAANKNET
Contact Details:
Contact no:9441120911
