Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612528
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹18,27,000
EMD:₹1,82,700
Bid Increment:₹15,000
Auction Time:11:30 A.M. to 12:30 P.M.
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 residential land and building located in Thirukazhukundram, Kanchipuram, Tamil Nadu. The property is being auctioned by Canara Bank due to loan default by the borrower, Mr. Shankar.A. This is an excellent opportunity to acquire a property in a well-known area.
State:Tamil Nadu
City:Kanchipuram
Area:Thirukazhukundram
Asset Category:Residential
Full Address:Lattur Village, Vittilapuram Po, Pudupattinam, Thirukazhukundram, Thirukazhukundram, Kanchipuram
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential land and building in Thirukazhukundram, Kanchipuram. The auction will take place on November 24, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹18,27,000 and the EMD is ₹1,82,700. Interested bidders are advised to review all auction terms and conditions on the bank's official portal.
Borrower Name:Mr.Shankar.A
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ekalaivan G
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Thirukazhukundram, offers potential value at its reserve price. However, further due diligence is necessary to assess the property's condition and market dynamics. The terms of the auction are standard, presenting a calculated opportunity for informed investors.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:9444441267
