Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610210
Bank Name:Union Bank of India
Branch Name:REGIONAL OFFICE : WHITES ROAD CHENNAI
Reserve Price:₹24,00,000
EMD:₹2,40,000
Bid Increment:₹24,000
Auction Time:12:00 Noon to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:13-11-2025 05:00 PM
Bid Start Date:2025-11-14
Property Description
This is a residential house located in Thimmasamuduram, Kanchipuram, Tamil Nadu. The property is being auctioned by Union Bank of India under SARFAESI regulations. It is an excellent opportunity to acquire a property in a well-known area of Kanchipuram. The house is suitable for residential use and presents a promising investment for prospective buyers.
State:Tamil Nadu
City:Kanchipuram
Area:Thimmasamuduram
Asset Category:Residential
Full Address:Azhagu Samudiram Village, Thirukkazhukundram Taluk, Thimmasamuduram, Kanchipuram
Size:2443 sqft
Auction Description
Union Bank of India is conducting a SARFAESI auction for a residential house in Thimmasamuduram, Kanchipuram, Tamil Nadu. The auction will take place on November 14, 2025, starting at 12:00 PM and ending at 05:00 PM. The reserve price for this property is ₹24,00,000, with an Earnest Money Deposit (EMD) of ₹2,40,000. This is a prime opportunity for interested parties to bid on the property formerly associated with M/s Sri Krishna Saw Mill.
Borrower Name:M/s Sri Krishna Saw Mill
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Gnanasekaran, Mr.J.Loganathan
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential house in a developing locality. The reserve price appears reasonable, but potential buyers should thoroughly investigate the location and encumbrances before bidding. A calculated approach is advised due to the symbolic possession status.
Contact Details
Branch:Branch Office : REGIONAL OFFICE : WHITES ROAD CHENNAI
Service Provider:BAANKNET
Contact Details:
Mr. Kishore K
Contact no:044-27428338
