Land and Building for Auction Mugundarayapuram Village Ranipet 35.1 Lakh by Canara Bank 25 Jun 2026
Mugundarayapuram Village, Ranipet
Area: 860.0 Sq Ft
Plot no 39, S Nos. 491/15, 491/17 & 491/18, Mugundarayapuram Village, Walaja Taluk, Ranipet Joint-1, Ranipet District, Tamil Nadu
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH-I
Reserve price
₹35,10,000
EMD ₹3,51,000
Auction date
25 Jun 2026, 11:30 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 860.0 Sq Ft
- ▸Locality: Mugundarayapuram Village
- ▸Reserve: ₹35,10,000
- ▸EMD: ₹3,51,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Mugundarayapuram Village |
| Built-up / plot area | 860.0 Sq Ft |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH-I |
| Unit / flat no. | Plot no 39 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹50,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Mugundarayapuram Village, Ranipet by Canara Bank — reserve price ₹35,10,000, 860.0 Sq Ft, Symbolic possession.
Discover an exceptional opportunity to acquire a residential land and building through a bank auction property sale by Canara Bank. This prime property, located at Plot No. 39, Mugundarayapuram Village, Walaja Taluk, Ranipet District, Tamil Nadu, features a total area of 860 sq ft with an RCC roof house constructed thereon. Situated in a desirable area with easy access to a 30 Ft wide road, this residential house for sale offers significant investment potential. The e-auction is scheduled for June 25, 2026, with a reserve price of ₹3,510,000 and an EMD of ₹351,000. Don't miss this chance to secure a valuable property in Ranipet through a transparent bank auction process. Bid increments are ₹50,000.
GeoSquare note: This residential land and building in Mugundarayapuram Village, Ranipet, offers a fair investment opportunity. The property features an 860 sq ft RCC roof house with clear boundaries. However, the symbolic possession status presents a notable risk, requiring buyers to conduct thorough due diligence. The reserve price of ₹3,510,000 is competitive for the area and property type, making it a viable option for those comfortable with symbolic possession.
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