Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613055
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹2,53,00,000
EMD:₹25,30,000
Auction Time:01.00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-16
Bid Start Date:2025-12-16
Property Description
This auction features a valuable Residential Land and Building located in Thiruvallur Taluk, Kanchipuram, Tamil Nadu. The property is part of a SARFAESI auction conducted by City Union Bank. Ideal for investment or personal use, this asset offers a great opportunity in a developing region.
State:Tamil Nadu
City:Kanchipuram
Area:Thiruvallur Taluk
Asset Category:Residential
Full Address:Tiruttani Town, Southern Side, Ma Po Si Road, Tiruttani Taluk, Thiruvallur District, Tiruttani, Thiruvallur
Size:4203.25 Sq.ft
Auction Description
City Union Bank is holding a SARFAESI auction for a Residential Land and Building in Thiruvallur Taluk, Kanchipuram, Tamil Nadu. The auction begins on 16-12-2025 at 11:00 AM and concludes on 16-11-2025 at 05:00 PM. The reserve price is INR 25,30,000, with an EMD of INR 2,53,000. This is a unique chance to acquire property directly from the bank.
Borrower Name:Mrs. G. Rani
Auction Type:SARFAESI Auction
Guarantor Names:Mr.G.Jeyan, M/s. Aishwarya Lakshmi Silks and Readymades, Mrs.J.Jayapriya
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Tiruttani and the combined area of land and building. The reserve price requires careful consideration, balancing the potential return against the terms of the auction. Further due diligence regarding local market conditions and development prospects is advised.
Contact Details
Branch:Branch Office : Credit Recovery and Management Department
Service Provider:Public Auction
Contact Details:
Contact no:044-27886020
