Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612549
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹1,17,00,000
EMD:₹11,70,000
Bid Increment:₹20,000
Auction Time:11:30 Α.Μ. to 12:30 Ρ.Μ.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-23
Bid Start Date:2025-11-24
Property Description
This is a residential land and building property located in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. It is situated in a prime location within Kanchipuram, offering a great opportunity for residential development or personal use. The asset was formerly owned by M/s Pushpa Hardwares.
State:Tamil Nadu
City:Kanchipuram
Area:Chengalpattu Taluk
Asset Category:Residential
Full Address:East street Old No. 191, New No.43, Ruthiralkodi Village, East Street (Ward No.8), Thirukazhukundram Town Taluk, Ruthiralkodi Village, Kanchipuram
Size:1335 Sq Mtr
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building property in Chengalpattu Taluk, Kanchipuram, Tamil Nadu. The auction will take place on November 24, 2025, from 11:30 AM to 12:30 PM. The reserve price for this auction is INR 1,17,00,000, with an Earnest Money Deposit (EMD) of INR 11,70,000 required to participate. This is a unique opportunity to acquire a valuable property in Kanchipuram.
Borrower Name:M/s Pushpa Hardwares
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Arumugam Arul Prakash, MR. A Adhikesavan
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property, a Land and Building in Ruthiralkodi Village, presents a calculated opportunity due to its location and size. While the reserve price of ₹11,700,000 is considerable, the location in Chengalpattu Taluk and the potential for residential development add value. The auction terms are standard, and further due diligence is recommended.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:9444441267/9685904422
