Land for auction Thirukalukundram Kanchipuram 15 lakh Indian Overseas Bank

Property for Auction in Thirukalukundram., Kanchipuram, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.5
Size
1472 Sq. ft.
Reserve Price
14,85,000
Reserve Price
14,85,000
EMD Required
1,48,500
Property Specifications
Society/BuildingParamasivam Nagar
Size1472 Sq. ft.
Unit No.No. 42
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Thirukalukundram., Kanchipuram
Auction Date IconAuction Date:
20-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:611646

Bank Name:Indian Overseas Bank

Branch Name:REGIONAL OFFICE : Kancheepuram

Reserve Price:14,85,000

EMD:1,48,500

Bid Increment:25,000

Auction Time:11:00 am to 4:00 pm

Service Provider:BAANKNET

Important Dates

Submission Date:2025-11-19

Bid Start Date:2025-11-20

Property Description

This is a vacant land parcel located in Thirukalukundram, Kanchipuram district, Tamil Nadu. The property is being auctioned by Indian Overseas Bank. It is a rectangular plot suitable for residential development. The area is well-connected and developing, offering potential for future appreciation. This is a great opportunity for investors and developers looking to acquire land in a growing region.

State:Tamil Nadu

City:Kanchipuram

Area:Thirukalukundram.

Asset Category:Residential

Full Address:No. 42, Paramasivam Nagar, No. 42, Paramasivam Nagar, Thirukalukundram Village & Taluk, Thirukalukundram, Kanchipuram

Building/Society:Paramasivam Nagar

Size:1472 Sq. ft.

Auction Description

Indian Overseas Bank presents a SARFAESI auction for a residential land parcel in Thirukalukundram, Kanchipuram, Tamil Nadu. The reserve price for this auction is INR 14,85,000 with an EMD of INR 1,48,500. The auction will be held on November 20, 2025, starting at 11:00 AM and concluding at 04:00 PM. This is a direct auction from the bank, offering clear title and a straightforward transaction process. Interested bidders are advised to review all auction terms and conditions prior to participating.

Borrower Name:Mr. E Rajvendhan

Auction Type:SARFAESI Auction

Guarantor Names:Ms. E Ramanchi, Mr. T K Elumalai

Legal Details

Encumbrance Details:Not Known

Why This Property

This land in Thirukalukundram presents a calculated opportunity due to its reasonable reserve price relative to the area. While not a 'Prime Investment', its location in Kanchipuram, combined with bank auction terms, makes it a potentially worthwhile venture for those with local market knowledge.

Contact Details

Branch:Branch Office : REGIONAL OFFICE : Kancheepuram

Service Provider:BAANKNET

Contact Details:

Mr.Gowthaman N

Contact no:8925952729

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