Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:593020
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹1,03,16,000
EMD:₹10,31,600
Auction Time:10.30 AM to 11.30 AM
Service Provider:BAANKNET
Important Dates
Submission Date:27-10-2025 05:00 PM
Bid Start Date:2025-10-28
Property Description
This auction features a valuable land and building asset located in Uthiramerur, Kanchipuram, Tamil Nadu. Situated in a prominent area, this residential property offers significant potential for development or personal use. The property is being auctioned by Canara Bank under SARFAESI rules. Ideal for investors or individuals looking to own a piece of Kanchipuram's real estate.
State:Tamil Nadu
City:Kanchipuram
Area:Uthiramerur
Asset Category:Residential
Full Address:Kadalmangalam Village, Uthiramerur Taluk, Kancheepuram District, Tamil Nadu, Kadalmangalam Village, Kanchipuram
Size:0.16.0 Hectares
Auction Description
Canara Bank presents a SARFAESI auction for a land and building property in Uthiramerur, Kanchipuram. The auction will take place on October 28, 2025, from 10:30 AM to 11:30 AM. The reserve price is set at ₹1,03,16,000, with an Earnest Money Deposit (EMD) of ₹10,31,600 required to participate. This is a unique opportunity to acquire a residential asset in a growing region of Tamil Nadu.
Borrower Name:Mr. Veerasamy D
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property in Uthiramerur presents a calculated opportunity due to its location and land size. The reserve price requires careful consideration, but the potential for future development exists. Auction terms and conditions should be thoroughly reviewed before bidding.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
