Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:613092
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch,East Veli Street, Madurai
Reserve Price:₹81,00,000
EMD:₹8,10,000
Auction Time:null
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 Guindy Taluk, Chennai, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. It is an excellent opportunity to acquire a property in a well-known area of Chennai.
State:Tamil Nadu
City:Chennai
Area:Guindy Taluk
Asset Category:Residential
Full Address:S1, LAKSHMIKRUPA, Old Door No 36, New Door No.74, New Boag Road, Thiyagaraya Nagar Village, Guindy Taluk, Chennai District, Thiyagaraya Nagar, Chennai
Building/Society:LAKSHMIKRUPA
Size:2096 Sq. ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Guindy Taluk, Chennai. The auction will take place on 21-11-2025, starting at 11:00 AM and ending at 01:00 PM. The reserve price for this property is ₹81,00,000, with an Earnest Money Deposit (EMD) of ₹8,10,000. This is a sealed bid auction, and interested parties are advised to submit their bids accordingly.
Borrower Name:Mr.Tamilarasan Krishnan
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Latha Krishnan
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in a well-established area of Chennai and is offered at a competitive reserve price. The flat's size and location make it a desirable residential property. Interested buyers should review all auction terms carefully.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch,East Veli Street, Madurai
Service Provider:BAANKNET
Contact Details:
Chief Manager
Contact no:0452-2335348
