Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612511
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE, VELLORE
Reserve Price:₹23,15,000
EMD:₹2,31,500
Bid Increment:₹10,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-10
Bid Start Date:2025-12-11
Property Description
This is a residential house located in Cheyyar Taluk, Tiruvannamalai, Tamil Nadu. The property is being auctioned by Canara Bank under SARFAESI Act. It is a great opportunity to acquire a home in a well-established area.
State:Tamil Nadu
City:Tiruvannamalai
Area:Cheyyar Taluk
Asset Category:Residential
Full Address:22, R.P.G. Housing Arasu City, R.P.G. Housing Arasu City, Plot No. 22, Survey No. 171/11, New S. No. 171/11A, (New Sub-Division S. No. 171/11A1A), Irumbedu Village, Tiruvannamalai
Building/Society:R.P.G. Housing Arasu City
Size:966 Sq.feet
Auction Description
Canara Bank is holding a SARFAESI auction for a residential house in Cheyyar Taluk, Tiruvannamalai, Tamil Nadu. The auction will take place on December 11, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹23,15,000, with an Earnest Money Deposit (EMD) of ₹2,31,500. This is a prime opportunity to bid on a valuable property.
Borrower Name:Mrs. Umasaral J
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Mani M, Mr. Mani M, Mrs. Baby Shalini M
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a developing area, offered at a reasonable reserve price. While the location might not be prime, the auction terms are standard, presenting a calculated opportunity for potential homeowners or investors. Further due diligence regarding local market conditions is advised.
Contact Details
Branch:Branch Office : REGIONAL OFFICE, VELLORE
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no:9441120911
