Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612357
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹48,20,000
EMD:₹4,82,000
Bid Increment:₹50,000
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
This is a SARFAESI auction for a Land and Building property in Thirukazhukundram, Kanchipuram, Tamil Nadu. The property is categorized as residential and is being auctioned by Canara Bank. The reserve price is INR 48,20,000, with an Earnest Money Deposit (EMD) of INR 4,82,000. The borrower is Mr. Ravikumar.K. This is a valuable opportunity to acquire a property in a well-known area.
State:Tamil Nadu
City:Kanchipuram
Area:Thirukazhukundram
Asset Category:Residential
Full Address:No.83, Patta No. 2723, Old S.No. 316/2, New S.No.316/2A1A, 316/67 Rajiv Gandhi Nagar, No.83, Pudupattinam Village, Rajiv Gandhi Nagar, Kanchipuram
Size:2180 Sq.ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential Land and Building property located in Thirukazhukundram, Kanchipuram, Tamil Nadu. The auction will commence on November 24, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price is set at INR 48,20,000, and the EMD required is INR 4,82,000. Prospective bidders are advised to review all auction terms and conditions prior to participation.
Borrower Name:Mr.Ravikumar.K
Auction Type:SARFAESI Auction
Guarantor Names:Krishna Devi W/o. Ravikumar.K
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property in Thirukazhukundram presents a calculated opportunity due to its location and building structure. While the price is moderate, the potential for appreciation exists. Careful consideration of local market trends and due diligence is advised.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9740145622
