Property for Auction in Kaveripakkam, Vellore, Tamil Nadu
Auction ID:543269
Bank Name:Canara Bank
Branch Name:TRICHY ARM BRANCH
Reserve Price:₹15,34,000
EMD:₹1,53,400
Service Provider:Public Auction
Submission Date:07-08-2025 05:00 PM
Bid Start Date:08-08-2025 11:00 AM
This auction features a land property located in Kaveripakkam, a growing area within Vellore district, Tamil Nadu. Suitable for residential development, this plot offers a blank canvas for your construction projects. Situated in a region known for its potential, the land represents a sound investment opportunity. The property is being auctioned by Canara Bank under the SARFAESI Act.
State:Tamil Nadu
City:Vellore
Area:Kaveripakkam
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential land parcel in Kaveripakkam, Vellore, Tamil Nadu. This is an opportunity to acquire a valuable plot of land, previously mortgaged by M/s Avval Sekar Construction. The auction will take place on August 8, 2025, with bidding open from 11:00 AM to 1:00 PM. The reserve price is set at INR 15,34,000, with an Earnest Money Deposit (EMD) of INR 1,53,400 required to participate. Don't miss this chance to invest in Vellore's developing landscape.
Borrower Name:M/s Avval Sekar Construction
Auction Type:SARFAESI Auction
Contact to Bank Manager