Property for Auction in Sriperumbudur, Kanchipuram, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:614289
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹29,30,000
EMD:₹2,93,000
Service Provider:BAANKNET
Submission Date:28-11-2025 05:00 PM
Bid Start Date:29-11-2025 10:30 AM
This is a unique opportunity to acquire a residential plot in the developing area of Sriperumbudur, Kanchipuram, Tamil Nadu. The property, formerly associated with Mrs. Y. Gajalakshmi, is being auctioned by Canara Bank under the SARFAESI Act. Located in a region known for its industrial growth and potential, this plot offers a promising investment for future development. The land is situated within the Kanchipuram district, providing access to local amenities and infrastructure. Don't miss this chance to own a piece of land in a rapidly expanding economic zone.
State:Tamil Nadu
City:Kanchipuram
Area:Sriperumbudur
Asset Category:Residential
Full Address:7A, Shanmuga Nagar, Plot No.7A, Shanmuga Nagar, comprised in Survey No. 529, N.S.No. 529/13 situated at Varadharajapuram Village, Kundrathur Panchayat Union Limit, Sripermbudur Taluk, Kanchipuram District., Varadharajapuram Village, Kanchipuram
Building/Society:Shanmuga Nagar
Size:2400 Sq.Ft
Canara Bank is conducting a SARFAESI auction for a residential plot located in Sriperumbudur, Kanchipuram, Tamil Nadu. The auction will take place on November 29, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this plot is INR 29,30,000, and the Earnest Money Deposit (EMD) required is INR 2,93,000. This is a direct opportunity to purchase property through a bank auction. Interested bidders are advised to review all auction terms and conditions carefully before participating. Secure your bid in this timely auction event.
Borrower Name:Mrs. Y.Gajalakshmi
Auction Type:SARFAESI Auction
The plot's location in Sriperumbudur offers growth potential, but the lack of detailed auction terms and potential encumbrances makes it a calculated opportunity. The relatively low reserve price for the size of the plot may attract investors, but thorough due diligence is essential before bidding.
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —