Land And Building for auction Kumarapalayam Namakkal 72 lakh Canara Bank

This auction features a valuable Land And Building asset located in Kumarapalayam Amani, Namakkal, Tamil Nadu. The property is categorized as Residential and is being auctioned by Canara Bank under SARFAESI rules. This presents a fantastic opportunity to acquire a property in a developing area. The auction is scheduled for November 26, 2025, between 12:30 PM and 1:30 PM. Don't miss this chance to bid on this promising real estate opportunity.

Canara Bank presents a SARFAESI auction for a Land And Building property in Kumarapalayam Amani, Namakkal, Tamil Nadu. The reserve price is set at INR 7,159,000, with an Earnest Money Deposit (EMD) of INR 715,900. The auction will take place online on November 26, 2025, from 12:30 PM to 1:30 PM. This is a secured creditor auction, offering a unique opportunity for prospective buyers. All interested parties are encouraged to participate and submit their bids within the specified timeframe.

The property represents a calculated opportunity due to its land and building asset in Kumarapalayam. The reserve price appears reasonable, but due diligence regarding local market conditions and potential encumbrances is recommended before bidding. The location in Namakkal provides a moderate investment appeal.