Property for Auction in Kundrathur., Kanchipuram, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612514
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹52,35,000
EMD:₹5,23,500
Bid Increment:₹25,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:BAANKNET
Submission Date:2025-11-23
Bid Start Date:2025-11-24
A prime residential plot located in Kundrathur, Kanchipuram, Tamil Nadu. This land parcel offers a great opportunity for residential development or investment in a rapidly growing area. Situated within the Kanchipuram district, the plot benefits from its strategic location and potential for future appreciation. Ideal for those looking to build their dream home or a discerning investor seeking a valuable real estate asset.
State:Tamil Nadu
City:Kanchipuram
Area:Kundrathur.
Asset Category:Residential
Full Address:14, Velankanni Nagar, Plot No. 14, Varadharajapuram Village, Sriperumbudur Taluk, now Kundrathur Taluk, Kancheepuram District, Varadharajapuram Village, Kundrathur, Kanchipuram
Building/Society:Velankanni Nagar
Size:3200 sq.ft
Canara Bank presents a SARFAESI auction for a residential plot in Kundrathur, Kanchipuram. The auction will commence on November 24, 2025, at 11:00 AM and conclude at 12:00 PM on the same day. The reserve price for this valuable plot is ₹52,35,000, with an Earnest Money Deposit (EMD) of ₹5,23,500 required to participate. This is a unique opportunity to acquire property directly from the bank. Don't miss out on this chance to own a piece of Kanchipuram.
Borrower Name:M/s. Bala Distributor
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Balamurugan V A
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a plot of land in a developing area, offered at a reasonable reserve price. While the location might not be prime, the investment could yield good returns in the long term. Given the auction terms and location, it's a calculated opportunity.
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no:9740145622