Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610786
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹31,64,000
EMD:₹3,16,400
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 04:00 PM
Bid Start Date:2025-11-26
Property Description
This is a SARFAESI auction for a residential land and building located in Mettur, Salem, Tamil Nadu. The property is being auctioned by Canara Bank. The borrower's name is Sri. S. Dinesh Kumar. This is a valuable opportunity to acquire a property in a well-known area.
State:Tamil Nadu
City:Salem
Area:Mettur
Asset Category:Residential
Full Address:D.No.65/4, New D.No.65/4B, Olaipatty Village, Mettur, Salem-636 455, Olaipatty Village, Salem
Size:0.18 Acre
Auction Description
Canara Bank is conducting an online SARFAESI auction for a land and building property in Mettur, Salem, Tamil Nadu. The auction will take place on November 26, 2025, from 12:30 PM to 01:30 PM. The reserve price is INR 31,64,000, with an Earnest Money Deposit (EMD) of INR 3,16,400 required to participate. This is a one-time opportunity to bid on this asset.
Borrower Name:Sri. S. Dinesh Kumar
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in a developing locality. The reserve price seems reasonable, and further investigation is needed. Overall, it represents a calculated opportunity with potential for moderate returns.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
