Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:611180
Bank Name:Indian Overseas Bank
Branch Name:VANDAVASI BRANCH
Reserve Price:₹3,20,000
EMD:₹32,000
Bid Increment:₹5,000
Auction Time:11:00 AM to 3:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
This offering presents a valuable parcel of land located in Thiruvannamalai, Kanchipuram, Tamil Nadu. Suitable for residential development, this plot represents a significant opportunity in a developing region. The property is being auctioned by Indian Overseas Bank under the SARFAESI Act. With a reserve price of ₹3,20,000 and an EMD of ₹32,000, this land is an attractive prospect for investors and developers.
State:Tamil Nadu
City:Kanchipuram
Area:Thiruvannamalai
Asset Category:Residential
Full Address:06, SF No 155/5A3(new), 155/5(old) as per sale deed, plot no 06 (Eastern side part), Vengunam village, Vandavasi Taluk, Thiruvannamalai District, Vengunam village, Vandavasi Taluk, Thiruvannamalai
Size:1320 Sq Feet
Auction Description
Indian Overseas Bank is conducting a SARFAESI auction for a prime plot of land in Thiruvannamalai, Kanchipuram, Tamil Nadu. The auction is scheduled for November 19, 2025, commencing at 11:00 AM and concluding at 03:00 PM. The reserve price is set at ₹3,20,000, with an Earnest Money Deposit (EMD) of ₹32,000 required to participate. This is a unique chance to acquire a residential land asset directly from the bank.
Borrower Name:Mr. N Balakrishnan
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. B Backialakshmi
Legal Details
Possession Status:Constructive
Encumbrance Details:NIL
Why This Property
The property is a vacant land in a developing area. The reserve price is moderate. Potential buyers should investigate local market conditions and future development plans before bidding in this auction.
Contact Details
Branch:Branch Office : VANDAVASI BRANCH
Service Provider:BAANKNET
Contact Details:
Contact no: —
