Property for Auction in Thimmasamuduram, Kanchipuram, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611060
Bank Name:State Bank of India
Branch Name:Stressed Asset Recovery Branch - II
Reserve Price:₹10,10,000
EMD:₹1,01,000
Bid Increment:₹25,000
Auction Time:11:00 AM to 04:00 PM
Service Provider:BAANKNET
Submission Date:24-11-2025 05:00 PM
Bid Start Date:2025-11-25
This is a prime plot of land located in Thimmasamuduram, Kanchipuram, Tamil Nadu. The property is offered by the State Bank of India through a SARFAESI auction. It presents a significant opportunity for development or investment in a developing area. The land is situated in a region known for its cultural heritage and growing infrastructure. This is a direct sale from the bank, ensuring a clear title and a straightforward transaction process.
State:Tamil Nadu
City:Kanchipuram
Area:Thimmasamuduram
Asset Category:Residential
Full Address:23, Rajivgandhi Nagar, No.59- Thimmasamuduram Village, Kanchipuram District, Thimmasamuduram, Kanchipuram
Building/Society:Rajivgandhi Nagar
Size:1650 sq. ft.
State Bank of India presents a SARFAESI auction for a land parcel in Thimmasamuduram, Kanchipuram, Tamil Nadu. The auction will take place on November 25, 2025, from 11:00 AM to 4:00 PM. The reserve price is set at ₹10,10,000, with an Earnest Money Deposit (EMD) of ₹1,01,000 required to participate. This is an excellent opportunity to acquire a valuable asset directly from the bank. Interested bidders should review all auction terms and conditions provided by the State Bank of India.
Borrower Name:Mr Tessy Sees
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. K. Kamalajothi, Mr. P. Muniasamy
Possession Status:Physical
Encumbrance Details:NIL
The property is a land plot in a developing area, offered at a reasonable reserve price. While it's not a prime investment due to its land-only nature, the location and price point make it a worthwhile calculated risk. Auction terms are standard, and physical possession adds to the appeal.
Branch:Branch Office : Stressed Asset Recovery Branch - II
Service Provider:BAANKNET
Contact Details:
Mr. Kailash Chandra Meena
Contact no:9790960729