Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611062
Bank Name:Canara Bank
Branch Name:ULUPPAGUDI BRANCH
Reserve Price:₹20,18,750
EMD:₹2,01,875
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a SARFAESI auction of a land and building asset located in Shanarpatti, Dindigul, Tamil Nadu. The property is residential in nature and was previously owned by Mrs. Vellammal. It presents an opportunity to acquire real estate in a developing area of Dindigul.
State:Tamil Nadu
City:Dindigul
Area:Shanarpatti
Asset Category:Residential
Full Address:Dindigul District, Dindigul RD, Shanarpatti Sub-Registration District, Dindigul Taluk, Kanavoypatti Village, S.No.46/1C2(Old S.No.46/1C), Shanarpatti, Dindigul
Size:4142 sq. ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in Shanarpatti, Dindigul, Tamil Nadu. The auction will take place on November 20, 2025, from 11:00 AM to 12:00 PM. The reserve price for this auction is ₹20,18,750, with an Earnest Money Deposit (EMD) of ₹2,01,875 required to participate. This is a direct opportunity to bid on the property formerly associated with Mrs. Vellammal.
Borrower Name:Mrs. Vellammal
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a reasonable opportunity given its location and size. While the reserve price appears fair, further due diligence is needed to assess its full potential. The auction terms are standard, suggesting a moderate risk profile.
Contact Details
Branch:Branch Office : ULUPPAGUDI BRANCH
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no: —
