Property for Auction in Nanganallur, Chennai, Tamil Nadu
Auction ID:578716
Bank Name:Canara Bank
Branch Name:CHENNAI ASHOKNAGAR II BRANCH
Reserve Price:₹44,65,000
EMD:₹4,46,500
Service Provider:BAANKNET
Submission Date:25-09-2025 05:00 PM
Bid Start Date:26-09-2025 11:00 AM
A valuable Land and Building property located in the well-established area of Nanganallur, Chennai, Tamil Nadu. This asset, previously under the ownership of M/s. Sri Muthuvelavan Agencies, is being offered for sale by Canara Bank. Situated in a prime residential locality, this property presents a significant opportunity for investment or personal use. Its location in Nanganallur ensures good connectivity and access to essential amenities.
State:Tamil Nadu
City:Chennai
Area:Nanganallur
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a Land and Building property in Nanganallur, Chennai. The auction will take place on September 26, 2025, with bidding open from 11:00 AM to 04:00 PM. The reserve price for this auction is set at ₹44,65,000, and the Earnest Money Deposit (EMD) required is ₹4,46,500. This is a unique opportunity to acquire a property in a sought-after Chennai neighborhood through a transparent auction process.
Borrower Name:M/s. Sri Muthuvelavan Agencies
Auction Type:SARFAESI Auction
contact no:9740145622