Shop for auction 3A1A Perumuchi Villa, Arakonam, Vellore by Canara

Property for Auction in Arakonam, Vellore, Tamil Nadu

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Arakonam, Vellore
Auction Date IconAuction Date:
31-07-2025 10:30 AM

Auction Details

Auction ID:541102

Bank Name:Canara Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:2,73,00,000

EMD:27,30,000

Service Provider:BAANKNET

Important Dates

Submission Date:30-07-2025 05:00 PM

Bid Start Date:31-07-2025 10:30 AM

Property Description

The property is a Commercial Property in Arakonam, Vellore, Tamil Nadu, consisting of four parcels of land with buildings. The total land area across the four items is approximately 32008 sq.ft. The property is situated in Perumuchi Village, Arakkonam Taluk, Vellore District, within the Sub-Registration District of Arakonam and Registration District of Vellore. Specific boundaries are provided for each item, detailing adjacent lands, roads, and government puramboke land.

State:Tamil Nadu

City:Vellore

Area:Arakonam

Asset Category:Commercial

Auction Description

This is a SARFAESI Auction for a Commercial Property located in Arakonam, Vellore, Tamil Nadu, presented by Canara Bank. The property consists of four items of Commercial Land and Building. Item 1 is 5400 sq.ft of land in Dry No. 19/1, Ward-D, Block No.28, T.S. No.6/3A1A, Perumuchi Village, Arakkonam Taluk, Vellore District. Item 2 is 2135.5 sq.ft of land in Dry S.No. 19/1, Ward-D, Block No.28, T.S. No.6/3A1A, Perumuchi Village. Item 3 is also 2135.5 sq.ft of land in Dry S.No. 19/1, Ward-D, Block No.28, T.S. No.6/3A1A, Perumuchi Village. Item 4 is 25177 sq.ft of land in Dry S.No. 19/1, Ward D, Block No.28, T.S. No.6/3A1A, Perumuchi Village. The auction has a reserve price of 27,300,000.0 and an EMD of 2,730,000.0. The auction will be conducted by BAANKNET from the Asset Recovery Management Branch of Canara Bank. The application submission deadline is July 30, 2025, by 5:00 PM, and the auction runs on July 31, 2025, from 10:30 AM to 11:30 AM. For inquiries, contact 044-2849 6339/2849 6900.

Borrower Name:M/s.Arudaa Vis Labs Pvt Ltd

Auction Type:SARFAESI Auction

Contact Details

Contact Ph. No. 044-2849 6339/2849 6900

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