Property for Auction in Tiruporur, Kanchipuram, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609530
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - II
Reserve Price:₹95,00,000
EMD:₹9,50,000
Bid Increment:₹1,00,000
Auction Time:11.00 AM to 04.00 PM
Service Provider:BAANKNET
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
This SARFAESI auction presents an opportunity to acquire a residential land and building property in Tiruporur, Kanchipuram, Tamil Nadu. Located in a developing area, this asset offers potential for residential use. The property is being auctioned by the State Bank of India. Kindly refer to the official auction notice for detailed specifications, boundaries, and any encumbrances. Inspection of the property is recommended prior to bidding.
State:Tamil Nadu
City:Kanchipuram
Area:Tiruporur
Asset Category:Residential
Full Address:Villa No. 11, Nakshatra Enclave, Villa No. 11, Nakshatra Enclave, Project: Sri Sathya Sai Avenue, Old S. No. 87/3, New S. No. 87/3A1A3, Kanathur Reddy Kuppam Village, Thiruporur Taluk, Kancheepuram District, Kanathur Reddy Kuppam Village, Tiruporur
Building/Society:Nakshatra Enclave
Size:1774 Sq.ft.
State Bank of India is conducting a SARFAESI auction for a residential land and building in Tiruporur, Kanchipuram. The auction will take place on November 19, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹95,00,000, with an Earnest Money Deposit (EMD) of ₹9,50,000 required to participate. This is a fantastic chance to purchase a property in a growing region of Tamil Nadu. Interested bidders must ensure they have completed all necessary pre-auction formalities and submitted the EMD before the closing time. For further details, please consult the official auction documents.
Borrower Name:Mr.Patrick Selvaraj
Auction Type:SARFAESI Auction
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a residential land and building in a developing area with a moderate price point. While the location offers potential, the unfinished construction and specific auction terms suggest a 'Calculated Opportunity' requiring careful evaluation of development costs and market demand.
Branch:Branch Office : Stressed Asset Recovery Branch - II
Service Provider:BAANKNET
Contact Details:
Smt. M.Sathiavanimuthu
Contact no:9884474857