Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610784
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹53,00,000
EMD:₹5,30,000
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 04:00 PM
Bid Start Date:2025-11-26
Property Description
This is a SARFAESI auction for a Land and Building property located in Pappireddipatti, Dharmapuri, Tamil Nadu. The property was formerly owned by Sri. P. Ayyadurai. This is a residential asset being auctioned by Canara Bank. The property type is Land And Building.
State:Tamil Nadu
City:Dharmapuri
Area:Pappireddipatti
Asset Category:Residential
Full Address:Kanavaipudhur Village, Natham S. No. 93/1A1, As per new revenue record: Natham S. No. 682/10, Kanavaipudhur, Dharmapuri
Size:990 Sq. ft
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential Land and Building property in Pappireddipatti, Dharmapuri, Tamil Nadu. The auction will take place on November 26, 2025, starting at 12:30 PM and ending at 01:30 PM. The reserve price for this auction is INR 5,300,000, with an Earnest Money Deposit (EMD) of INR 530,000 required. This is a valuable opportunity to acquire property in Dharmapuri.
Borrower Name:Sri. P. Ayyadurai
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Pappireddipatti, offers a decent investment potential due to its size and location. The reserve price seems reasonable. However, further due diligence is needed to assess local market dynamics before investing.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
