Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610423
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹1,37,00,000
EMD:₹13,70,000
Bid Increment:₹1,00,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-04
Property Description
This is a SARFAESI auction for a Land and Building property located in Tiruppur, Tamil Nadu, previously owned by Mrs. Selvi.A. The property is situated in the Tiruppur area and is categorized as residential. It presents an opportunity for investors or individuals looking for a property in this region. The auction is being conducted by Canara Bank.
State:Tamil Nadu
City:Tiruppur
Area:Tiruppur
Asset Category:Residential
Full Address:Neruperichal Village, S.F.No.72/2C, Patta No. 133, Neruperichal, Tiruppur
Size:3367 sq.ft
Auction Description
Canara Bank is holding a SARFAESI auction for a Land and Building property in Tiruppur, Tamil Nadu. The auction will take place on December 4, 2025, from 11:30 AM to 12:30 PM. The reserve price for this residential property is ₹1,37,00,000, with an Earnest Money Deposit (EMD) of ₹13,70,000 required to participate. This is a significant opportunity to acquire a property in Tiruppur.
Borrower Name:Mrs. Selvi.A
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Karthikeyan. A
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Tiruppur, this land and building presents a calculated investment opportunity. While the reserve price is substantial, the property's size and location in a developing area of Tamil Nadu offer potential for appreciation. The symbolic possession status adds a layer of complexity, suggesting careful due diligence is necessary.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Service Provider:BAANKNET
Contact Details:
Contact no:9489043584
