Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:611703
Bank Name:State Bank of India
Branch Name:Stressed Assets Recovery Branch, Mumbai
Reserve Price:₹1,12,00,000
EMD:₹11,20,000
Service Provider:BAANKNET
Important Dates
Submission Date:19-11-2025 05:00 PM
Bid Start Date:20-11-2025 11:00 AM
Property Description
This is a prime plot of land located on the Thiruporur Main Road in Kanchipuram, Tamil Nadu. The property is offered by the State Bank of India through a SARFAESI auction. It presents a significant opportunity for development or investment in a rapidly growing area. The land is situated in a well-connected locality, making it easily accessible and desirable.
State:Tamil Nadu
City:Kanchipuram
Area:Thiruporur Main Road
Asset Category:Residential
Full Address:23, THE VILLAGE, Residential Attached Villa bearing No.23, THE VILLAGE, 106, Near SSN Engineering College, O.M.R. Road, Village Kalavakkam, Thiruporur, Dist. Kancheepuram, Tamilnadu 603 110, Thiruporur, Kanchipuram
Building/Society:THE VILLAGE
Size:2705 sq ft
Auction Description
The State Bank of India is conducting a SARFAESI auction for a valuable land parcel on Thiruporur Main Road, Kanchipuram. The auction has a reserve price of ₹1,12,00,000 and requires an Earnest Money Deposit (EMD) of ₹11,20,000. The auction will take place on 20th November 2025, starting at 11:00 AM and concluding at 04:00 PM. This is a direct opportunity to acquire property from the bank.
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
Located in a developing area near an engineering college, this residential villa presents a strong investment opportunity. The reserve price is reasonable, and the clear terms of the auction make it a worthwhile consideration. However, prospective buyers should conduct their own due diligence.
Contact Details
Branch:Branch Office : Stressed Assets Recovery Branch, Mumbai
Service Provider:BAANKNET
Contact Details:
Shri Mahesh Choudhari
Contact no:7875044195
