Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612302
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹2,02,17,000
EMD:₹20,21,700
Bid Increment:₹25,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-23
Bid Start Date:2025-11-24
Property Description
A prime Land and Building property located in Nammakkal, Namakkal, Tamil Nadu. This residential asset is being auctioned by Canara Bank. Ideal for investment or personal use, the property is situated in a developing area with potential for future growth. Don't miss this opportunity to acquire a valuable piece of real estate in Namakkal.
State:Tamil Nadu
City:Namakkal
Area:Nammakkal
Asset Category:Residential
Full Address:Survey No.226/53 & 226/25, T.S NOS:295/2, 272/2, 282, 283, 284, 285, 286, 287, 288, D.No:39, 41, 41a, 21, 23, 25, 27, 29, 31&33 Block No.14 Arthanari School Street Ward-C, Periyapatty village Sandhaipettaipudhur, Nammakkal
Size:3840 Sq.ft
Auction Description
Canara Bank presents a SARFAESI auction for a Land and Building property in Nammakkal, Namakkal, Tamil Nadu. The auction will be held online on November 24, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹2,02,17,000, with an Earnest Money Deposit (EMD) of ₹20,21,700. This is a unique opportunity to bid on a residential property offered by the bank.
Borrower Name:M/s Krivis Traders & Services
Auction Type:SARFAESI Auction
Guarantor Names:Mr.S.K.Balasubbramanian
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in a developing locality. The reserve price is reasonable, offering a potential opportunity. However, due diligence regarding the location's growth potential is advised before investing.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9740145622
