Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614281
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹98,00,000
EMD:₹9,80,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
This is a residential flat located in Uthiramerur, Kanchipuram, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. It presents an opportunity to acquire a flat in a well-known area of Kanchipuram.
State:Tamil Nadu
City:Kanchipuram
Area:Uthiramerur
Asset Category:Residential
Full Address:Kancheepuram District, Uthiramerur Taluk, Kadalmangalam Village, a house site, Nanja S.No. 262/1C, Uthiramerur, Kanchipuram
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential flat in Uthiramerur, Kanchipuram. The auction will take place on November 25, 2025, between 10:30 AM and 11:30 AM. The reserve price for this property is ₹98,00,000, with an Earnest Money Deposit (EMD) of ₹9,80,000. This is a direct opportunity to purchase the asset previously owned by Mr. Veerasamy D.
Borrower Name:Mr. Veerasamy D
Auction Type:SARFAESI Auction
Why This Property
The property in Uthiramerur presents a calculated opportunity due to its residential nature and location. While the price and specific auction terms are key factors, the flat offers potential for long-term investment. A balanced approach is advised.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
