House for auction Kanathur Reddy Kuppam Village, Thiruporur Taluk Kancheepuram 95 lakh SBI

Property for Auction in Tiruporur, Kanchipuram, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
2425 sq.ft.
Reserve Price
95,00,000
Reserve Price
95,00,000
EMD Required
9,50,000
Property Specifications
Society/BuildingNakshatra Enclave
Size2425 sq.ft.
Unit No.12
FloorGround Floor and First Floor
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Tiruporur, Kanchipuram
Auction Date IconAuction Date:
19-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609539

Bank Name:State Bank of India

Branch Name:Stressed Asset Recovery Branch - II

Reserve Price:95,00,000

EMD:9,50,000

Bid Increment:1,00,000

Auction Time:11.00 AM to 04.00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:18-11-2025 05:00 PM

Bid Start Date:2025-11-19

Property Description

This SARFAESI auction, conducted by the State Bank of India, features a residential land and building property located in Tiruporur, Kanchipuram, Tamil Nadu. The property is being auctioned following the SARFAESI Act, offering a unique opportunity for interested buyers. Situated in a developing area, this asset presents potential for residential use or investment. The auction is scheduled for November 19, 2025, with bidding open from 11:00 AM to 4:00 PM. The reserve price is ₹95,00,000, with an Earnest Money Deposit (EMD) of ₹9,50,000 required to participate.

State:Tamil Nadu

City:Kanchipuram

Area:Tiruporur

Asset Category:Residential

Full Address:12, Nakshatra Enclave, Villa No. 12, Nakshatra Enclave, Project Sri Sathya Sai Avenue, Old S. No. 87/3, New S. No. 87/3A1A3, Kanathur Reddy Kuppam Village, Thiruporur Taluk, Kancheepuram District, Kanathur Reddy Kuppam Village, Thiruporur Taluk, Kancheepuram

Building/Society:Nakshatra Enclave

Size:2425 sq.ft.

Auction Description

State Bank of India presents a SARFAESI auction for a residential land and building property in Tiruporur, Kanchipuram, Tamil Nadu. The auction is scheduled for November 19, 2025, running from 11:00 AM to 4:00 PM. The property has a reserve price of ₹95,00,000 and requires an EMD of ₹9,50,000. This is an excellent opportunity to acquire a property through a transparent SARFAESI auction process. All interested bidders are encouraged to review the auction terms and conditions provided by the State Bank of India. Don't miss this chance to bid on this valuable asset.

Borrower Name:Mr.Patrick Selvaraj

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

The property offers a decent opportunity considering its location in Tiruporur and physical possession status. The reserve price is competitive, but potential buyers should thoroughly assess the unfinished stage of the first floor. It's a calculated risk with potential upside for those willing to invest in completing the construction.

Contact Details

Branch:Branch Office : Stressed Asset Recovery Branch - II

Service Provider:BAANKNET

Contact Details:

Smt. M.Sathiavanimuthu

Contact no:9884474857

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