Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613042
Bank Name:Canara Bank
Branch Name:WEST CAR STREET BRANCH
Reserve Price:₹4,00,000
EMD:₹40,000
Service Provider:ebkray
Important Dates
Submission Date:20-11-2025 05:00 PM
Bid Start Date:2025-11-21
Property Description
This is a residential plot located in Shanarpatti, Dindigul, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act, formerly belonging to Mr. Dharmarajan. It presents an opportunity for real estate investment or development in a developing area.
State:Tamil Nadu
City:Dindigul
Area:Shanarpatti
Asset Category:Residential
Full Address:Dindigul RD, Shanarpatti SRO, Dindigul Taluk, Vembarpatti Village in Patta No.643,S.No 326/1 part New Natham S.No.883/17, Shanarpatti, Dindigul
Size:450 sq.feet
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Shanarpatti, Dindigul, Tamil Nadu. The auction will take place on November 21, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹4,00,000, with an Earnest Money Deposit (EMD) of ₹40,000 required to participate. This is a timely opportunity for interested buyers to acquire property through a public auction.
Borrower Name:Mr. Dharmarajan
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Shanarpatti presents a calculated opportunity due to its affordable reserve price and location in a developing area. While the plot size is moderate, its potential for residential development and the relatively low price point make it worth considering. Prospective buyers should conduct thorough due diligence to assess the long-term value and growth prospects.
Contact Details
Branch:Branch Office : WEST CAR STREET BRANCH
Service Provider:ebkray
Contact Details:
Authorised Officer
Contact no: —
