Plot for auction Thimmasamuduram Kanchipuram 10 lakh State Bank of India

Property for Auction in Thimmasamuduram, Kanchipuram, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
1650 sq. ft.
Reserve Price
10,10,000
Reserve Price
10,10,000
EMD Required
1,01,000
Property Specifications
Society/BuildingRajivgandhi Nagar
Size1650 sq. ft.
Unit No.23
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Thimmasamuduram, Kanchipuram
Auction Date IconAuction Date:
25-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:24-11-2025 05:00 PM

Bid Start Date:2025-11-25

Property Description

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.

Auction Description

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

Legal Details

Possession Status:Physical

Encumbrance Details:NIL

Why This Property

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.

Contact Details

Branch:Branch Office : Stressed Asset Recovery Branch - II

Service Provider:BAANKNET

Contact Details:

Mr. Kailash Chandra Meena

Contact no:9790960729

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