Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613079
Bank Name:Canara Bank
Branch Name:SPECIALIZED ARM BRANCH II CHENNAI
Reserve Price:₹73,00,000
EMD:₹7,30,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-23
Bid Start Date:2025-11-24
Property Description
A valuable land and building property located in Mayiladuthurai, Nagapattinam, Tamil Nadu, offered for auction by Canara Bank. This residential asset presents an excellent opportunity for investment or personal use. Situated in a well-known area, the property is part of a SARFAESI auction. The property is associated with borrower Mr. Jayaprakash N.
State:Tamil Nadu
City:Nagapattinam
Area:Mayiladuthurai.
Asset Category:Residential
Full Address:Nagapattinam District, mayiladuturai registration district kollidam Sub-Registry, sirkali Taluk, 7. Kunnam Revenue village, Perambur main road, Kunnam, Mayiladuthurai
Size:162.02 Sq.Mtrs
Auction Description
Canara Bank is conducting a SARFAESI auction for a land and building property in Mayiladuthurai, Nagapattinam. The auction will take place on November 24, 2025, from 11:00 AM to 12:00 PM. The reserve price for this residential property is ₹73,00,000, with an Earnest Money Deposit (EMD) of ₹7,30,000 required. Interested bidders should ensure they meet all auction requirements before participating.
Borrower Name:Mr.Jayaprakash N
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Mayiladuthurai, presents a calculated opportunity. With a reserve price of ₹73,00,000 and an EMD of ₹7,30,000, it might be an opportunity based on location and market dynamics. Further due diligence is recommended.
Contact Details
Branch:Branch Office : SPECIALIZED ARM BRANCH II CHENNAI
Service Provider:BAANKNET
Contact Details:
Contact no:9740145622
