Property for Auction in Sriperumbudur, Kanchipuram, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612548
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹14,25,000
EMD:₹1,42,500
Bid Increment:₹15,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Submission Date:2025-11-23
Bid Start Date:2025-11-24
A prime residential plot located in the thriving industrial hub of Sriperumbudur, Kanchipuram, Tamil Nadu. This valuable asset, previously owned by Mr. Subramanian V, offers an excellent opportunity for development or investment in a rapidly growing region. The plot is situated in a well-connected area with access to essential amenities and infrastructure, making it an attractive proposition for discerning buyers. Don't miss this chance to acquire a significant piece of real estate in one of Tamil Nadu's key economic zones.
State:Tamil Nadu
City:Kanchipuram
Area:Sriperumbudur
Asset Category:Residential
Full Address:175, Kamaraj Nagar, Plot No. 175, Kamaraj Nagar, Neelamangalam Village, Neelamangalam, Sriperumbudur
Building/Society:Kamaraj Nagar
Size:3451 sq.ft.
Canara Bank presents an SARFAESI auction for a residential plot in Sriperumbudur, Kanchipuram. The auction will be held online on November 24, 2025, from 11:30 AM to 12:30 PM. The reserve price is set at ₹14,25,000, with an Earnest Money Deposit (EMD) of ₹1,42,500 required to participate. This is a unique opportunity to bid on a property offered by Canara Bank, providing a secure and transparent auction process. Secure your chance to own this plot by participating in this timely auction.
Borrower Name:Mr. Subramanian V
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sripriya S
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
The property is a residential plot in Sriperumbudur, offered at a relatively modest reserve price. While the location is not a tier-1 city, it presents a reasonable investment opportunity given the auction terms and potential for future appreciation. It requires careful assessment of local market conditions.
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:044-27463600/9444343262