Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612505
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE, VELLORE
Reserve Price:₹30,61,000
EMD:₹3,06,100
Bid Increment:₹10,000
Service Provider:BAANKNET
Important Dates
Submission Date:20-11-2025 05:00 PM
Bid Start Date:21-11-2025 11:30 AM
Property Description
This is a residential flat located in Cheyyar Taluk, Tiruvannamalai, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents an opportunity to acquire a flat in this region.
State:Tamil Nadu
City:Tiruvannamalai
Area:Cheyyar Taluk
Asset Category:Residential
Full Address:Plot No. 12, 13, 14, Dry S.No. 35/1A1 (Sub Div No. 35/1A1B) (Old Sub Div. No. 35/16A1B1) (Old S.No. 35/16A1B), (New S.No.35/57), Samanthavadi Village, Tiruvannamalai
Size:2358 Sq.ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Cheyyar Taluk, Tiruvannamalai, Tamil Nadu. The auction will take place on November 21, 2025, from 11:30 AM to 12:30 PM. The reserve price is INR 30,61,000, with an Earnest Money Deposit (EMD) of INR 3,06,100 required. This is a public auction for the property associated with 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
Located in Cheyyar Taluk, this flat offers a decent size at a reasonable reserve price. The auction terms are standard, making it a calculated risk with potential for value appreciation given its location and physical possession status.
Contact Details
Branch:Branch Office : REGIONAL OFFICE, VELLORE
Service Provider:BAANKNET
Contact Details:
Contact no:9441120911
