Property for Auction in Guindy Taluk, Chennai, Tamil Nadu
Auction ID:553343
Bank Name:Canara Bank
Branch Name:Thiruvallur
Reserve Price:₹1,35,90,000
EMD:₹13,59,000
Service Provider:BAANKNET
Submission Date:11-09-2025 04:00 PM
Bid Start Date:12-09-2025 11:30 AM
This offering features a Land and Building located in Guindy Taluk, a well-connected area within Chennai, Tamil Nadu. Classified under the residential asset category, this property represents a tangible asset with development or residential use potential. Situated in a key urban zone, it benefits from the infrastructural advantages of Chennai. The property is being auctioned by Canara Bank under SARFAESI regulations, providing a transparent and regulated acquisition process. Ideal for those seeking real estate investment or a new home in a developing locality.
State:Tamil Nadu
City:Chennai
Area:Guindy Taluk
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a prime property located in Guindy Taluk, Chennai, Tamil Nadu. This is a unique opportunity to acquire a Land and Building asset with a reserve price of INR 1,35,90,000. The Earnest Money Deposit (EMD) required is INR 13,59,000. The auction will be conducted online on September 12, 2025, with bidding open from 11:30 AM to 12:30 PM. This residential property, formerly belonging to M/s. Velmurugan Traders, offers significant potential for investors and homebuyers alike. Don't miss this chance to own a valuable asset in a sought-after Chennai location.
Borrower Name:M/s. Velmurugan Traders
Auction Type:SARFAESI Auction
THIRUVALLUR-I BRANCH Phone No : 044-27662030 / 9444722761