Land And Building for auction Naickanoor Vaniyambadi 18 lakh Canara Bank

Property for Auction in Vaniyambadi Taluk, Vellore, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.5
Possession
Physical
Size
78.04 Sq.Mtrs
Reserve Price
18,31,000
Reserve Price
18,31,000
EMD Required
1,83,100
Property Specifications
Size78.04 Sq.Mtrs
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Vaniyambadi Taluk, Vellore
Auction Date IconAuction Date:
01-12-2025 11:30 AM

Auction Details

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

Important Dates

Submission Date:2025-11-29

Bid Start Date:2025-12-01

Property Description

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

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Regional Office

Service Provider:BAANKNET

Contact Details:

Contact no:9487914228

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