Property for Auction in Srirangam, Tiruchirappalli, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611331
Bank Name:Canara Bank
Branch Name:TRICHY ARM BRANCH
Reserve Price:₹35,28,000
EMD:₹3,52,800
Service Provider:Public Auction
Submission Date:2025-11-25
Bid Start Date:2025-11-26
A valuable land and building property located in the prominent Srirangam area of Tiruchirappalli, Tamil Nadu. This residential asset, previously owned by Mr. Ganesan Vairan, is being auctioned by Canara Bank under the SARFAESI Act. The property offers a prime location within a well-established city, making it an attractive opportunity for investors or end-users. Details regarding the specific size and features of the land and building are available for prospective bidders to inspect. Don't miss this chance to acquire a property in a sought-after region.
State:Tamil Nadu
City:Tiruchirappalli
Area:Srirangam
Asset Category:Residential
Full Address:S.F.No. 84/14A, Puliyur Village, Srirangam, Tiruchirappalli
Size:9909.90 sq.ft
Canara Bank presents an SARFAESI auction for a Land And Building property in Srirangam, Tiruchirappalli, Tamil Nadu. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 12:00 PM. The reserve price for this residential asset is ₹3,528,000, with an Earnest Money Deposit (EMD) of ₹352,800 required to participate. This is a unique opportunity to bid on a property directly from the bank, offering clarity and a streamlined process for buyers. Ensure all documentation and bidding requirements are met before the auction commences.
Borrower Name:Mr Ganesan Vairan
Auction Type:SARFAESI Auction
Guarantor Names:Mrs.G.Pakkialakshmi
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
The property in Srirangam presents a calculated opportunity, primarily due to its location and land size. The reserve price seems reasonable; however, potential investors should thoroughly investigate encumbrances and location-specific market conditions. The auction terms are standard, offering a reasonable balance of risk and potential return.
Branch:Branch Office : TRICHY ARM BRANCH
Service Provider:Public Auction
Contact Details:
Chief Manager
Contact no:0431-2416067