Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614490
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹30,00,000
EMD:₹3,00,000
Auction Time:01.00 PM onwards
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-11
Property Description
This auction features a residential land and building property located in Maduranthagam, Kanchipuram, Tamil Nadu. The property is being auctioned by City Union Bank. It represents an excellent opportunity for investment or personal use in a developing area.
State:Tamil Nadu
City:Kanchipuram
Area:Maduranthagam
Asset Category:Residential
Full Address:Chengalpattu R.D (Previously Kancheepuram R.D), Madhurandhagam SRO, Melavalam Village, Madurandhagam Taluk, Old S.No. 163, New S.No. 163/18, Melavalam, Kanchipuram
Size:1311 Sq.ft
Auction Description
City Union Bank is conducting a SARFAESI auction for a residential land and building in Maduranthagam, Kanchipuram. The auction will take place on December 11, 2025, from 1:00 PM to 5:00 PM. The reserve price is ₹30,00,000, with an Earnest Money Deposit (EMD) of ₹3,00,000 required. This is a prime opportunity to acquire a property through a transparent bank auction process.
Borrower Name:Mr.R.Lingamurugan
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.L.Santhi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its land and building classification and location in Maduranthagam. While the price appears reasonable, potential buyers should carefully evaluate the market conditions and conduct thorough due diligence. The auction terms require careful consideration.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:044-27567501
