Property for Auction in Thimmasamuduram, Kanchipuram, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611059
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - II
Reserve Price:₹72,70,000
EMD:₹7,27,000
Bid Increment:₹50,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
Prime agricultural land located in the developing area of Thimmasamuduram, Kanchipuram, Tamil Nadu. This valuable plot offers a significant opportunity for agricultural development or future investment. Situated in a region known for its fertile soil and growing infrastructure, this land is an attractive proposition for discerning buyers. The property is being auctioned by the State Bank of India under SARFAESI provisions.
State:Tamil Nadu
City:Kanchipuram
Area:Thimmasamuduram
Asset Category:Residential
Full Address:No. 59- Thimmasamudram Village, Kanchipuram District, Thimmasamudram, Kanchipuram
Size:15678 Sq. ft.
State Bank of India presents a SARFAESI auction for a land parcel in Thimmasamuduram, Kanchipuram. The auction will take place on November 25, 2025, from 11:00 AM to 04:00 PM. The reserve price is ₹72,70,000, with an Earnest Money Deposit (EMD) of ₹7,27,000 required to participate. This is a prime opportunity to acquire land in a developing region of Tamil Nadu. Interested bidders are advised to review all auction terms and conditions provided by the bank.
Borrower Name:Mr Tessy Sees
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. K. Kamalajothi, Mr. P. Muniasamy
Possession Status:Physical
Encumbrance Details:NIL
The property's location and agricultural potential offer a solid foundation, but the specific terms and conditions warrant careful assessment. Its price aligns with similar rural properties, suggesting a moderate opportunity for investment. Reviewing the encumbrance details is crucial for informed decision-making.
Branch:Branch Office : Stressed Asset Recovery Branch - II
Service Provider:BAANKNET
Contact Details:
Mr. Kailash Chandra Meena
Contact no:9790960729