Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612529
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹9,25,000
EMD:₹92,500
Bid Increment:₹10,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-23
Bid Start Date:2025-11-24
Property Description
This is a residential plot located in Nerumbur, Chengalpattu, Tamil Nadu. The property is being auctioned by Canara Bank under SARFAESI Act. The plot offers a great opportunity for residential development in a developing area. Exact dimensions and plot number will be provided in the detailed auction notice.
State:Tamil Nadu
City:Chengalpattu
Area:Nerumbur
Asset Category:Residential
Full Address:Grama Natham, Old SNo. 51/1 (part) New S.No. 191/2, Patta No. 374, No 79, Nerumbur Village, Thirukazhukunram Taluk, Chengalpattu District-603312, Nerumbur, Chengalpattu
Size:1937 sq.ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Nerumbur, Chengalpattu, Tamil Nadu. The reserve price is INR 9,25,000, with an EMD of INR 92,500. The auction will take place online on November 24, 2025, starting at 11:30 AM and concluding at 12:30 PM. This is a unique opportunity to acquire property through a bank auction.
Borrower Name:Mrs. P.Selvi
Auction Type:SARFAESI Auction
Guarantor Names:Mr. K.K. Gubenthiran
Why This Property
The property is a vacant plot in a developing location, offering potential for future appreciation. The relatively low reserve price makes it an accessible investment, but thorough due diligence is recommended. Auction terms appear standard, presenting a reasonable level of risk.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:04427447490
