Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611329
Bank Name:Canara Bank
Branch Name:TRICHY ARM BRANCH
Reserve Price:₹1,16,40,000
EMD:₹11,64,000
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-25
Bid Start Date:26-11-2025 11:00 AM
Property Description
A residential plot located in the Thiruverumbur area of Tiruchirappalli, Tamil Nadu. This property is being auctioned by Canara Bank under the SARFAESI Act. The plot offers an excellent opportunity for residential development in a well-connected region.
State:Tamil Nadu
City:Tiruchirappalli
Area:Thiruverumbur
Asset Category:Residential
Full Address:Shed No.9, SIDCO Industrial Estate, SIDCO Industrial Estate, Thiruverumbur, Thiruverumbur, Tiruchirappalli
Building/Society:SIDCO Industrial Estate
Size:41580 square feet
Auction Description
Canara Bank is conducting an e-auction for a residential plot in Thiruverumbur, Tiruchirappalli, Tamil Nadu. The auction will be held on November 26, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹1,16,40,000, with an Earnest Money Deposit (EMD) of ₹11,64,000. This SARFAESI auction presents a prime investment opportunity.
Borrower Name:M/s Golden Industries
Auction Type:SARFAESI Auction
Guarantor Names:Mr. T.Sakthivel
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its industrial plot nature in the SIDCO Industrial Estate, a developed area. The reserve price and EMD are considerable. Further due diligence is advised to assess the growth potential and competition in the area.
Contact Details
Branch:Branch Office : TRICHY ARM BRANCH
Service Provider:Public Auction
Contact Details:
Authorized Officer
Contact no:0431-2416067
