Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610559
Bank Name:South Indian Bank
Branch Name:Regional Office
Reserve Price:₹18,96,000
EMD:₹1,89,600
Bid Increment:₹20,000
Auction Time:11.00 AM to 12.00 Noon
Service Provider:bankauctions.in
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-27
Property Description
This auction features a Land and Building property in Walajabad, Kanchipuram, Tamil Nadu. The asset is residential in nature and is being auctioned by South Indian Bank under SARFAESI norms. This is a great opportunity to acquire property in a developing area.
State:Tamil Nadu
City:Kanchipuram
Area:Walajabad
Asset Category:Residential
Full Address:Bajanai Koil Street, Puthagaram, Walajabad, Kanchipuram
Size:2870 Sq.Ft
Auction Description
South Indian Bank is conducting a SARFAESI auction for a Land and Building property in Walajabad, Kanchipuram, Tamil Nadu. The auction has a reserve price of INR 18,96,000 and requires an EMD of INR 1,89,600. Bidding will take place on November 27, 2025, between 11:00 AM and 12:00 PM. Don't miss this chance to own a piece of Walajabad.
Borrower Name:Mr. Govindasamy.R
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sarasu.G
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property presents a calculated risk, offering land and a residential building in Walajabad at a reasonable price point. While not a prime location, the clear auction terms and price may appeal to local investors seeking land holdings. Further due diligence is advised to assess local market conditions.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:bankauctions.in
Contact Details:
Mr.Gnanaprakash.S
Contact no:9791747678
