Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614280
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹33,25,000
EMD:₹3,32,500
Service Provider:BAANKNET
Important Dates
Submission Date:28-11-2025 05:00 PM
Bid Start Date:29-11-2025 10:30 AM
Property Description
This auction features a prime plot of land located in Chengalpet Taluk, Kanchipuram, Tamil Nadu. Ideal for residential development, this property offers a unique opportunity in a developing region. The land is part of a SARFAESI auction conducted by Canara Bank, presenting a chance for astute investors or individuals looking to build their dream home. Proximity to Kanchipuram city ensures access to amenities and infrastructure.
State:Tamil Nadu
City:Kanchipuram
Area:Chengalpet Taluk
Asset Category:Residential
Full Address:Royal Town, Sy No.434/1D of Chettipunniyam Village, Chengalpet Taluk, Kancheepuram District, Chettipunniyam Village, Kanchipuram
Building/Society:Royal Town
Size:1.944 Acres
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable plot of land in Chengalpet Taluk, Kanchipuram, Tamil Nadu. The auction is scheduled for November 29, 2025, from 10:30 AM to 11:30 AM. The reserve price is set at INR 33,25,000, with an Earnest Money Deposit (EMD) of INR 3,32,500 required to participate. This is a great opportunity to acquire land in a sought-after location.
Borrower Name:Mr. Raja G
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land parcel in Chettipunniyam Village, offers potential due to its location near developing areas. The reserve price seems reasonable, presenting a calculated investment opportunity. Further due diligence is advisable before participating in the auction to assess full potential.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
