Land and Building for Auction Kallankulam Thottam Kuppandapalayam Namakkal 1.3 Crore by Indian Overseas Bank 23 Jul 2026
Kallankulam Thottam, Kuppandapalayam, Namakkal
Area: 0.084 hectares
Door No.3/471-2,3,4,5&6, Kallankulam Thottam, Kuppandapalayam Main Road, Kumarapalayam Aghraharam Village, Kumarapalayam Taluk, Namakkal-638008.
Indian Overseas Bank · Regional Office : ERODE
Reserve price
₹1,33,03,600
EMD ₹13,30,360
Auction date
23 Jul 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.084 hectares
- ▸Locality: Kallankulam Thottam, Kuppandapalayam
- ▸Reserve: ₹1,33,03,600
- ▸EMD: ₹13,30,360
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Kallankulam Thottam, Kuppandapalayam |
| Built-up / plot area | 0.084 hectares |
| Lender | Indian Overseas Bank |
| Branch | Regional Office : ERODE |
| Unit / flat no. | Door No.3/471-2,3,4,5&6 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Kallankulam Thottam, Kuppandapalayam, Namakkal by Indian Overseas Bank — reserve price ₹1,33,03,600, 0.084 hectares, Symbolic possession.
Explore a unique bank auction opportunity for a 'Land and Building' property with both residential and industrial potential in Kumarapalayam Aghraharam Village, Namakkal. This versatile asset, located at Door No.3/471-2,3,4,5&6, Kallankulam Thottam, Kuppandapalayam Main Road, offers approximately 0.084 hectares of land, including a share in a common draw well and essential pathway rights. Conducted by Indian Overseas Bank, the e-auction is scheduled for July 23, 2026, with a competitive reserve price of ₹13,303,600 and an EMD of ₹1,330,360. Property inspection is available from June 20, 2026, to July 22, 2026. This 'as is where is' bank auction property for sale presents a compelling investment for developers or individuals seeking a strategically located asset in Tamil Nadu.
GeoSquare note: This 'Land and Building' property offers excellent potential given its mixed-use (Residential and Industrial) classification, catering to diverse investment strategies. Located in Kumarapalayam, Namakkal, a developing region, the reserve price of ₹13,303,600 for approximately 0.084 hectares is attractive. While possession is symbolic, typical for bank auctions, the specified inspection dates allow for thorough due diligence, making it a strong buy for investors looking for growth opportunities.
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