Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613403
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹22,00,000
EMD:₹2,20,000
Auction Time:01.00 p.m.
Service Provider:Public Auction
Important Dates
Submission Date:25-11-2025 12:00 PM
Bid Start Date:2025-11-25
Property Description
A residential house located in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. This property is being auctioned by City Union Bank as part of a SARFAESI action. The asset category is residential, and the property type is a house.
State:Tamil Nadu
City:Kanchipuram
Area:Chengalpattu Taluk
Asset Category:Residential
Full Address:20, Evon Springs, Plot No.20, measuring 1,771 Sq.ft. comprised in S.No.359 in the layout named "Evon Springs" situated in No.94, Hanumanthapuram Village, Thiruporur Talluk, Previously Chengalpattu Taluk, Kancheepuram District, Hanumanthapuram Village, Kancheepuram
Building/Society:Evon Springs
Size:1771 sq. ft.
Auction Description
City Union Bank is conducting a SARFAESI auction for a residential house in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The auction will take place on November 25, 2025, from 01:00 PM to 02:00 PM. The reserve price for this property is ₹2,200,000.0, with an Earnest Money Deposit (EMD) of ₹220,000.0 required. The property was previously owned by M/s. Truth Logistics.
Borrower Name:M/s. Truth Logistics
Auction Type:SARFAESI Auction
Guarantor Names:Mr. R. Jayapal, Mrs. Dayanithi
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property, a vacant house plot in Chengalpattu, offers a calculated opportunity due to its developing location and manageable reserve price. While not a prime investment, the plot's size and accessibility make it a worthwhile consideration for local buyers. Auction terms are standard, and the location presents potential for future appreciation.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:044-27463995
