Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614267
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹26,00,000
EMD:₹2,60,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
Discover a prime plot of land in the rapidly developing area of Sriperumbudur, Kanchipuram, Tamil Nadu. This residential plot, offered by Canara Bank, presents an excellent investment opportunity in a key industrial and commercial hub. The property is located in a region known for its infrastructure development and connectivity, making it ideal for future construction or investment. Secure your piece of Sriperumbudur's growth story with this valuable plot.
State:Tamil Nadu
City:Kanchipuram
Area:Sriperumbudur
Asset Category:Residential
Full Address:12, MG Nagar Part VI-A, Plot No. 12, MG Nagar Part VI-A, Adhanur village, Sriperumbudur Taluk, Kancheepuram District, Adhanur village, Kanchipuram
Building/Society:MG Nagar Part VI-A
Size:2240 Sq.ft
Auction Description
Canara Bank presents an exciting SARFAESI auction for a residential plot in Sriperumbudur, Kanchipuram, Tamil Nadu. The auction begins on November 25, 2025, at 10:30 AM and concludes at 11:30 AM on the same day. The reserve price is set at ₹26,00,000, with an Earnest Money Deposit (EMD) of ₹2,60,000 required to participate. This is a unique chance to acquire a plot in a strategically important location, formerly belonging to Mr. Venkatesan Moorthi. Don't miss this opportunity to bid on a promising property.
Borrower Name:Mr. Venkatesan Moorthi
Auction Type:SARFAESI Auction
Why This Property
Located in Sriperumbudur, this plot presents a calculated opportunity given its size and proximity to Chennai. The reserve price and EMD are reasonable, warranting further investigation into local market trends and development potential.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
