Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:611702
Bank Name:State Bank of India
Branch Name:Stressed Assets Recovery Branch, Mumbai
Reserve Price:₹1,12,00,000
EMD:₹11,20,000
Auction Time:11.00 am to 04.00 pm
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:2025-11-20
Property Description
A parcel of land situated on the Thiruporur Main Road in Kanchipuram, Tamil Nadu. This residential plot offers a prime location with excellent connectivity. Ideal for development, this land presents a unique investment opportunity in a rapidly growing area. The property is being auctioned by the State Bank of India under SARFAESI Act.
State:Tamil Nadu
City:Kanchipuram
Area:Thiruporur Main Road
Asset Category:Residential
Full Address:21, THE VILLAGE, Residential Attached Villa bearing No.21, THE VILLAGE, 106, Near SSN Engineering College, O.M.R. Road, Village Kalavakkam, Thiruporur, Kalavakkam, Kancheepuram
Building/Society:THE VILLAGE
Size:2705 sq ft
Auction Description
State Bank of India is conducting a SARFAESI auction for a land parcel located in Kanchipuram, Tamil Nadu, specifically on Thiruporur Main Road. The auction will commence on November 20, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price is set at ₹1,12,00,000, with an Earnest Money Deposit (EMD) of ₹11,20,000 required to participate. This is a significant opportunity to acquire valuable real estate.
Borrower Name:Mr. Vickaash Agarwal
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Jyoti Agarwal
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property's location near a prominent engineering college and its reasonable reserve price, combined with clear auction terms, make it an attractive investment. The residential villa offers significant space and potential for appreciation. A thorough due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Stressed Assets Recovery Branch, Mumbai
Service Provider:BAANKNET
Contact Details:
Shri Mahesh Choudhari
Contact no:7875044195
