Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612503
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE, VELLORE
Reserve Price:₹32,20,000
EMD:₹3,22,000
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 SARFAESI rules. It is offered as a single unit and is categorized as a residential asset. Suitable for individuals or families looking for a home in this region. Further details regarding the exact location and amenities are available upon request.
State:Tamil Nadu
City:Tiruvannamalai
Area:Cheyyar Taluk
Asset Category:Residential
Full Address:Plot No.9, 10, Dry S.No. 35/1A1 (Sub Div No. 35/1A1B) (Old Sub Div. No. 35/16A1B1) (Old S.No. 35/16A1B), (New S.No. 35/55) Tiruvannamalai Dist, Cheyyar Reg Dist, Arni Sub-Reg Dist, Arni Taluk, Velapadi Group, Samanthavadi Village, Plot No.9, 10., Samanthavadi Village, Tiruvannamalai
Size:2766 Sq.ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Cheyyar Taluk, Tiruvannamalai, Tamil Nadu. The auction will commence on November 21, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this auction is INR 32,20,000, with an Earnest Money Deposit (EMD) of INR 3,22,000 required to participate. This is a prime opportunity to acquire a property through a transparent banking auction process.
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 Samanthavadi Village, Cheyyar, this flat offers a good size at 2766 sq. ft. The property is priced at ₹3220000.0, presenting a calculated opportunity for buyers. Given the location and construction details, it warrants consideration for those seeking investment in the Tiruvannamalai area.
Contact Details
Branch:Branch Office : REGIONAL OFFICE, VELLORE
Service Provider:BAANKNET
Contact Details:
Contact no:9441120911
