Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:613189
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹50,12,000
EMD:₹5,01,200
Bid Increment:₹10,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-10
Bid Start Date:2025-12-11
Property Description
A residential plot located in the well-developed area of Sriperumbudur, Kanchipuram, Tamil Nadu. This property offers a prime investment opportunity in a region known for its industrial and residential growth. Ideal for building a home or for future development. The plot is being auctioned by Canara Bank under SARFAESI Act.
State:Tamil Nadu
City:Kanchipuram
Area:Sriperumbudur
Asset Category:Residential
Full Address:Pillaiyar Koil Street, Old No. 105, New No.42, Sriperumbudur "B" Village, Pattunool Chathiram, Sriperumbudur, Kanchipuram
Size:1326 sq. feet
Auction Description
Canara Bank is conducting an online SARFAESI auction for a residential plot in Sriperumbudur, Kanchipuram, Tamil Nadu. The auction will take place on December 11, 2025, from 11:30 AM to 12:30 PM. The reserve price is INR 50,12,000 with an Earnest Money Deposit (EMD) of INR 5,01,200. This is a great opportunity to acquire property in a developing locale.
Borrower Name:M/S. GANAPATHY CHOUDRY MILK CENTRE
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Vaishnavi B, Mr. R Balaji, Mrs. S Hemalatha, M Sivakumar
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Sriperumbudur, a growing industrial and residential hub, makes it a promising investment. The reserve price seems reasonable for the area. The auction terms are standard, warranting a 'Strong Buy' recommendation.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:91-9493130782
