Property for Auction in Bargur, Krishnagiri, Tamil Nadu
Auction ID:600047
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹22,15,000
EMD:₹2,21,500
Service Provider:BAANKNET
Submission Date:30-10-2025 05:00 PM
Bid Start Date:31-10-2025 10:30 AM
This is a bank auction property located in Bargur, Krishnagiri, Tamil Nadu. The asset is a commercial property previously belonging to M/s Sagunthala Textiles. Situated in a key commercial area, it presents a valuable opportunity for business expansion or investment. The property is being auctioned by Canara Bank under SARFAESI rules, offering a chance to acquire a commercial asset at a competitive price. Its location in Krishnagiri, a growing district in Tamil Nadu, makes it strategically important.
State:Tamil Nadu
City:Krishnagiri
Area:Bargur
Asset Category:Commercial
Canara Bank is conducting a SARFAESI auction for a commercial property in Bargur, Krishnagiri, Tamil Nadu. The auction will take place on 31-10-2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this auction is ₹22,15,000, and the Earnest Money Deposit (EMD) required is ₹2,21,500. This is a prime opportunity to acquire a commercial asset directly from the bank. Interested bidders are encouraged to review all auction terms and conditions before participating.
Borrower Name:M/s Sagunthala Textiles
Auction Type:SARFAESI Auction
Contact (Ph. No. 044-2849 6339/2849 6900)