Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612444
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹5,10,000
EMD:₹51,000
Bid Increment:₹10,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
This offering is a valuable land and building asset located in Arcot, Vellore, Tamil Nadu. Situated in a well-connected area, this residential property presents a unique opportunity for investors or homeowners. The specifics of the land size and building structure will be detailed in the full auction documents, but it represents a solid real estate investment in a growing region.
State:Tamil Nadu
City:Vellore
Area:Arcot
Asset Category:Residential
Full Address:10, Muppathuvetti Village, Amman Nagar comprising in survey No 327 now Sub divided as S No 327/2, Plot No 10, Amman Nagar, Arcot
Size:1200 Sq Ft
Auction Description
Canara Bank presents a SARFAESI auction for a residential land and building property in Arcot, Vellore, Tamil Nadu. The auction will be conducted online on November 21, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price is set at ₹510,000, with an Earnest Money Deposit (EMD) of ₹51,000 required to participate. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:Mrs. R Parimala
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Karthiga M
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Arcot, Vellore, with a reasonable reserve price. While the location is not explicitly prime, the auction terms are standard. This presents a calculated opportunity for investors familiar with the local market.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:7892339114
