Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612447
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹10,72,000
EMD:₹1,07,200
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 is a SARFAESI auction property located in Walaja, Vellore, Tamil Nadu. The asset category is Residential, and the property type is Land And Building. The borrower is Mr. Ganapathy Raja.P. This is an excellent opportunity to acquire a property in a developing area.
State:Tamil Nadu
City:Vellore
Area:Walaja
Asset Category:Residential
Full Address:22, Door No.22 S.No.389/16, (Old No 97/1) Bajanai kovil Street, Marudhalam Village panchayat, Walaja Taluk, Vellore district Now Ranipet District, Marudhalam Village, Vellore
Size:3191.25 Sq.ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a Residential Land And Building in Walaja, Vellore, Tamil Nadu. The auction will take place on November 21, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹10,72,000, with an Earnest Money Deposit (EMD) of ₹1,07,200. Don't miss this chance to bid on this valuable property.
Borrower Name:Mr. Ganapathy Raja.P
Auction Type:SARFAESI Auction
Guarantor Names:Mr. M Varadhan
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a Land and Building in Walaja, Vellore, offered at a reasonable reserve price. While the location is not a major metropolitan area, the price point and size of the property could be appealing for local buyers or investors. Due diligence is advised to assess local market conditions.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:9994626645
