Land for auction 2 Kaniyanoor Villa, Arakonam, Vellore by Canara Bank

Property for Auction in Arakonam, Vellore, Tamil Nadu

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Arakonam, Vellore
Auction Date IconAuction Date:
11-04-2025 11:30 AM

Auction Details

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

Important Dates

Submission Date:09-04-2025 04:00 PM

Bid Start Date:11-04-2025 11:30 AM

Property Description

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

Auction Description

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 Details

Contact no:86672 74348

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