Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612461
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹27,01,000
EMD:₹2,70,100
Bid Increment:₹10,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-20
Bid Start Date:2025-11-21
Property Description
A valuable land and building property located in Pernambut, Vellore, Tamil Nadu. This asset, categorized as residential, is being auctioned by Canara Bank under SARFAESI regulations. The property offers significant potential for its new owner. Situated in a developing area, it presents an excellent opportunity for investment or personal use.
State:Tamil Nadu
City:Vellore
Area:Pernambut
Asset Category:Residential
Full Address:Plot No 35, Siddique Nagar Plot No 35, Survey No: S.No:89/2, Siddique Nagar, Pernambut
Size:1200 Sq. Ft.
Auction Description
Canara Bank presents a SARFAESI auction for a land and building property in Pernambut, Vellore. The auction is scheduled for November 21, 2025, from 11:30 AM to 12:30 PM. The reserve price is set at INR 27,01,000, with an Earnest Money Deposit (EMD) of INR 2,70,100 required to participate. This is a prime opportunity to acquire a residential asset in Tamil Nadu. Interested bidders are advised to review all auction terms and conditions carefully.
Borrower Name:M/s. Sivan Mixtures
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. S Selvi, Mr. C Sivan
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
Located in Pernambut, this land and building offer a calculated opportunity. The reserve price is reasonable and the property has potential for development. However, further due diligence is advised before investing.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:9655038759
