Property for Auction in Anaicut Taluk, Vellore, Tamil Nadu
Auction ID:550303
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE, VELLORE
Reserve Price:₹15,79,000
EMD:₹1,57,900
Service Provider:BAANKNET
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:30 AM
This auction features a residential plot situated in the Anaicut Taluk region of Vellore, Tamil Nadu. The property is part of a SARFAESI action initiated by Canara Bank concerning the borrower M/s. Sri Electricals Hardware Sanitaryware. The plot offers a great location within Vellore, known for its growing infrastructure and connectivity. Ideal for residential development, this land parcel represents a sound investment. The property is being auctioned with a reserve price of INR 15,79,000, making it an accessible opportunity for those looking to invest in the real estate market of Tamil Nadu.
State:Tamil Nadu
City:Vellore
Area:Anaicut Taluk
Asset Category:Residential
Canara Bank is pleased to announce a SARFAESI auction for a prime residential plot located in Anaicut Taluk, Vellore, Tamil Nadu. This is an excellent opportunity to acquire a valuable asset. The auction will commence on August 20, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price for this property is set at INR 15,79,000, with an Earnest Money Deposit (EMD) of INR 1,57,900 required to participate. This auction presents a significant opportunity for investors and homebuyers alike. Don't miss out on this chance to own a property in a developing area.
Borrower Name:M/s. Sri Electricals Hardware Sanitaryware
Auction Type:SARFAESI Auction
VELLORE THIAGARAJAPURAM BRANCH Phone No :+91 9844432096