Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613236
Bank Name:Canara Bank
Branch Name:Head Office - Bengaluru
Reserve Price:₹27,19,000
EMD:₹2,71,900
Bid Increment:₹25,000
Auction Time:11:30 a.m. to 12.00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
This auction features a parcel of land located in Kulithalai, Karur district, Tamil Nadu. The property is categorized as residential and is being auctioned by Canara Bank under SARFAESI regulations. This is a prime opportunity to acquire land in a developing area of Tamil Nadu.
State:Tamil Nadu
City:Karur
Area:Kulithalai
Asset Category:Residential
Full Address:D4, 34J/17, Kulithalai Co-operative Society Colony, Kulithalai Co-operative Society Colony, Anna Nagar, Ayan Punja SF.No.59/7, Plot No. D4, Door No. 34J/17, Kulithalai Municipality, Anna Nagar, Kulithalai
Building/Society:Kulithalai Co-operative Society Colony
Size:1189 Sq.ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land parcel in Kulithalai, Karur, Tamil Nadu. The auction will take place on December 12, 2025, from 11:30 AM to 12:00 PM. The reserve price is set at ₹27,19,000, with an EMD of ₹2,71,900 required to participate. This is a single-day, online auction event.
Borrower Name:M/s Sri Ragav Tex
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Murali Babu.A, Mr. Saravana Kumar.A
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Kulithalai offers a blend of land and residential building, attracting potential buyers. The location within a co-operative society colony adds a community aspect. With a moderate reserve price and defined auction terms, it presents a calculated investment opportunity.
Contact Details
Branch:Branch Office : Head Office - Bengaluru
Service Provider:BAANKNET
Contact Details:
Contact no:9489045750
