Property for Auction in Thirukazhukundram, Kanchipuram, Tamil Nadu
Auction ID:545478
Bank Name:Bank of India
Branch Name:CHENNAI ASSET RECOVERY DEPARTMENT
Reserve Price:₹14,00,000
EMD:₹1,40,000
Service Provider:BAANKNET
Submission Date:07-08-2025 05:00 PM
Bid Start Date:08-08-2025 11:00 AM
This offering presents a vacant plot of land situated in Thirukazhukundram, within the Kanchipuram district of Tamil Nadu. As a residential-categorized asset, it holds potential for various development opportunities. The land is being auctioned by the Bank of India under the SARFAESI Act. Located in a well-known area, this property offers a chance for investors and buyers seeking land in a growing economic zone.
State:Tamil Nadu
City:Kanchipuram
Area:Thirukazhukundram
Asset Category:Residential
Bank of India is conducting a SARFAESI auction for a prime plot of land in Thirukazhukundram, Kanchipuram, Tamil Nadu. The property, previously mortgaged by M/s. Vel Traders, is categorized as residential land. The auction will take place on August 8, 2025, from 11:00 AM to 5:00 PM. The reserve price is set at ₹14,00,000, with an Earnest Money Deposit (EMD) of ₹1,40,000 required to participate. This is a significant opportunity to acquire valuable land in a developing region.
Borrower Name:M/s. Vel Traders
Auction Type:SARFAESI Auction
Contact details +91 8291220220. 66777462, 66777468 & 66777461