House for auction 3 All that piece and parcel of the house Seelapadi Dindigul by Canara

Located in the developing area of Seelapadi, Dindigul, Tamil Nadu, this residential property represents a promising prospect for new homeowners or astute investors. The property comprises a house plot measuring approximately 1245 square feet, situated within a well-laid-out parcel of land. Its specific dimensions are detailed as being 41 feet on the northern boundary, 42 feet on the southern boundary, and 30 feet on both the eastern and western sides. The plot is strategically positioned with Plot No. 2 to the north, a north-south road to the east, Plot No. 4 to the south, and the property of other individuals to the west. This location in Seelapadi offers a balance of accessibility and potential for future growth, making it an attractive acquisition in the Dindigul region. The property's classification as a house plot indicates its suitability for constructing a dwelling, providing a canvas for personalized living spaces.

This offering presents a valuable opportunity to acquire a residential property through a SARFAESI auction conducted by Canara Bank. The auction is scheduled to commence on July 31, 2025, with bidding open from 11:00 AM to 5:00 PM. Prospective buyers are required to submit their applications by July 30, 2025, at 4:00 PM. A crucial component for participation is the Earnest Money Deposit (EMD) of INR 2,37,000, which serves as a commitment to bid. The reserve price for this property is set at INR 23,70,000, providing a clear entry point for valuation. This auction process, managed by service provider ebkray, offers a transparent and regulated method for acquiring real estate, particularly for those seeking properties directly from financial institutions. Potential bidders are encouraged to review all documentation thoroughly and conduct their due diligence prior to the auction date to ensure a smooth and informed bidding experience.