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Commercial Building Bank Auction Symbolic Possession

Commercial Building for Sale (Bank Auction) in Arakonam, Ranipet – Canara

Arakonam, Ranipet, Tamil Nadu · Auction ID #57661

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Indicative Price ₹2,90,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —

Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Locality
Arakonam
Pincode
631001
Address
Arakonam, Tamil Nadu, 631001 View on map

Description (as per sale notice)

All that piece and parcel of Commercial Land and Building existing in following four items detailed as below: Item No.1: (Property in the name of Mr.A.Ponnuchamy, vide Doc.No.714/1999) All that piece and parcel of Land measuring about 5400 sq.ft comprised in Dry No.19/1, Ward-D, Block No.28, T.S.No.6/3A1A, Perumuchi Village, Arakkonam Taluk, Vellore District and bounded on the North by : 2 Feet Wide Lane situated in the Southern Side of the Land belonging to Dharman’s House South by : Central Government Puramboke Land, ie Navy Compound Wall East by : Ratanshi D Patel and 5 Others West by : Arakkonam – Kancheepuram Highway Road Item No.2: (Property in the name of Mr.A.Ponnuchamy, vide Doc.No.286/2001) All that piece and parcel of Land measuring about 2135.5 sq.ft comprised in Dry S.No.19/1, Ward-D, Block No.28, T S No.6/3A1A, Perumuchi Village, Arakkonam Taluk, Vellore District and bounded on the North by : 2 Feet Wide Lane situated in the southern side of houses belonging to Mr.Dharman and Rani South by : 12 Feet Passage East by : Vacant Land of Vendors West by : Land sold to Captain Ponnuchamy Item No.3: (Property in the name of Mr.A.Ponnuchamy, vide Doc.No.286/2001) All that piece and parcel of Land measuring about 2135.5 sq.ft comprised in Dry S.No.19/1, Ward-D, Block No.28, TS No.6/3A1A, Perumuchi Village, Arakkonam Taluk, Vellore District and bounded on the North by : 12 Feet Wide Land South by : Central Government Puramboke Land, ie Navy Compound Wall East by : Vacant Land of Vendors West by : Land sold to Captain Ponnucharmy (Item No.1) Item No.4: (Property in the name of Mr.A.Ponnuchamy, vide Doc.No.7597/2011) All that piece and parcel of Land measuring about 25177 sq.ft comprised in Dry S.No.19/1, Ward – D, Block No.28, TS No.6/3A1A, Perumuchi Village, Arakkonam Taluk, Vellore District and bounded on the North by : 2 Feet Wide Land situated on the southern side on the houses belonging to Dharman and Rani South by : Central Government Puramboke Land, ie Navy Compound Wall East by : Central Government Puramboke Land, ie Navy Compound Wall West by : Land belonging to Mr.A.Ponnucharmy. Within the Sub-Registration District of Arakonam and Registration District of Vellore.

BAANKNET Property ID: CNRB68211022

Bank & Auction Details

Bank / Lender
Canara Bank
Branch
CHENNAI SPECIALISED ARM BRANCH
Auction type
Bank Auction
Borrower
M/s.Arudaa V** L*** P** L**
Auction start
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Auction end
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EMD submission deadline
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Inspection
—
Authorised officer
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Officer contact
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How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB68211022)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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