Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611692
Bank Name:Canara Bank
Branch Name:Head Office - Bengaluru
Reserve Price:₹24,74,000
EMD:₹2,47,400
Bid Increment:₹25,000
Auction Time:11:30 a.m. to 12.00 p.m.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
This auction features a plot of land located in Kunnam, Perambalur, Tamil Nadu. The property is categorized as residential land, offering a great opportunity for development or personal use. Situated in a developing area, it provides a solid investment prospect. The land is part of a SARFAESI auction conducted by Canara Bank.
State:Tamil Nadu
City:Perambalur
Area:Kunnam
Asset Category:Residential
Full Address:Paravai (East) Village, Patta No.349 Kallamputhur village Natham Old S.No. 186/1 Part, New S.F.No.382/27, Kunnam, Perambalur
Size:187 Sq.m
Auction Description
Canara Bank presents a SARFAESI auction for a residential land parcel in Kunnam, Perambalur, Tamil Nadu. The auction will take place on December 10, 2025, starting at 11:30 AM and concluding at 12:00 PM. The reserve price for this property is ₹24,74,000, with an Earnest Money Deposit (EMD) of ₹2,47,400 required to participate. This is a prime opportunity to acquire land in a growing region.
Borrower Name:Mrs. Vembu
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land offers a decent investment opportunity given its location in Perambalur. The reserve price seems reasonable, but potential investors should conduct a thorough due diligence of the local market conditions. Auction terms are standard, and further investigation is warranted.
Contact Details
Branch:Branch Office : Head Office - Bengaluru
Service Provider:BAANKNET
Contact Details:
Contact no:9489045796/9489962897
