Property for Auction in Vaniyambadi Taluk, Vellore, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609314
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹18,31,000
EMD:₹1,83,100
Bid Increment:₹50,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Submission Date:2025-11-29
Bid Start Date:2025-12-01
This bank auction features a prime piece of real estate in Vaniyambadi Taluk, Vellore, Tamil Nadu. The property comprises both land and a building, offering a versatile opportunity for investment or personal use. Situated in a developing area, it presents potential for growth and value appreciation. Ideal for those looking to acquire a property in a well-connected region of Tamil Nadu. The asset is categorized as residential, making it suitable for housing or related ventures. Don't miss this chance to own a valuable asset in Vellore.
State:Tamil Nadu
City:Vellore
Area:Vaniyambadi Taluk
Asset Category:Residential
Full Address:Naickanoor village, Survey No.51/2B, Naickanoor, Vaniyambadi
Size:78.04 Sq.Mtrs
Canara Bank presents a SARFAESI auction for a land and building property in Vaniyambadi Taluk, Vellore, Tamil Nadu. The auction is scheduled for December 1st, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price is set at ₹18,31,000, with an Earnest Money Deposit (EMD) of ₹1,83,100 required to participate. This is a fantastic opportunity to acquire a residential property directly from the bank. Secure your bid for this valuable asset in Vellore.
Borrower Name:Mr. Manigandan G
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Govindan S
Possession Status:Physical
Encumbrance Details:Not Known to Bank
The property is a land and building in Vaniyambadi, offered at a reserve price of ₹1831000.0. While the location may present opportunities, prospective buyers should thoroughly assess the local market conditions and growth potential. The auction terms appear standard, making it a calculated investment opportunity.
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:9487914228