Property for Auction in Arakonam, Vellore, Tamil Nadu
Auction ID:470825
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE, VELLORE
Reserve Price:₹2,62,16,000
EMD:₹26,21,600
Service Provider:BAANKNET
Submission Date:09-04-2025 04:00 PM
Bid Start Date:11-04-2025 11:30 AM
The property consists of a piece of land measuring 11,772 Sq ft (0.27 cents) in Vellore district, Arakonam Registration District, Arcot Taluk, Kalavai Sub Registrar office, Kaniyanoor Village, on Thimiri to Kalavai Road. It includes a RCC Roof Rice Mill and Flour Mill building with all its machineries. The property is bounded by Item No.2 on the North, Thimiri to Kalavai Road on the South, Land of Rajesh on the East, and a channel on the West. The owner of the property is Mr. KG RANGANATHAN. The borrower is M/s. K G Ranganathan Modern Ricemill.
State:Tamil Nadu
City:Vellore
Area:Arakonam
Asset Category:Residential
SARFAESI Auction for Land and Building in Arakonam, Vellore, Tamil Nadu by Canara Bank. The property is located in S.No 797A/15A1, Kaniyanoor Village, with an area of 11,772 Sq ft. It features an RCC Roof Rice Mill and Flour Mill Building with machineries. The reserve price is 26,216,000.00 and EMD is 2,621,600.00. The auction is scheduled for 11-04-2025 from 11:30 AM to 12:30 PM.
Borrower Name:M/s. K G Ranganathan Modern Ricemill
Auction Type:SARFAESI Auction
Contact no:86672 74348