Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612446
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹25,40,000
EMD:₹2,54,000
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 property is a residential land and building located in Arakonam, Vellore, Tamil Nadu. It is being auctioned by Canara Bank under the SARFAESI Act. The property is associated with the borrower Mrs. Kannagi. A. This is a prime opportunity to acquire a property in a developing area.
State:Tamil Nadu
City:Vellore
Area:Arakonam
Asset Category:Residential
Full Address:Grama Natham Survey No 35A, Thiruvalluvar Street, A vacant Site Measuring East West 82 ft. North South 22 ft, Kadaperi Village, hamlet of Ramapuram, Arakonam
Size:1804 Sq ft
Auction Description
Canara Bank is holding a SARFAESI auction for a residential land and building in Arakonam, Vellore, Tamil Nadu. The auction will take place on November 21, 2025, from 11:30 AM to 12:30 PM. The reserve price for this auction is ₹25,40,000, with an Earnest Money Deposit (EMD) of ₹2,54,000 required to participate. Don't miss this chance to bid on this valuable asset.
Borrower Name:Mrs. Kannagi. A
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Arakonam, offering potential for development. The reserve price seems reasonable. Further investigation into local market conditions is advisable before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:919994626645
