Land and Building for Auction Pallipalayam Village Namakkal 1.3 Crore by Canara Bank 25 Jun 2026
Pallipalayam Village, Namakkal
Area: 0.19 acre
Survey No.261/1A, Natham Re-Survey No 261/1A8, Patta No 1707, Ward No.8, Thiruchengode Road, Cross Road-1, Pallipalayam Village, Tiruchengode Taluk, Namakkal, Tamil Nadu
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve price
₹1,25,82,000
EMD ₹12,58,200
Auction date
25 Jun 2026, 11:30 AM
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Quick read
- ▸Possession: Constructive
- ▸Area: 0.19 acre
- ▸Locality: Pallipalayam Village
- ▸Reserve: ₹1,25,82,000
- ▸EMD: ₹12,58,200
Auction snapshot
| Possession | Constructive |
| Property type | Land And Building · Residential |
| Locality | Pallipalayam Village |
| Built-up / plot area | 0.19 acre |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE |
| Unit / flat no. | Survey No.261/1A, Natham Re-Survey No 261/1A8, Patta No 1707, Door Numbers 32/8, 32/9, 32/11 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Pallipalayam Village, Namakkal by Canara Bank — reserve price ₹1,25,82,000, 0.19 acre, Constructive possession.
Discover a valuable bank auction property: a 0.19-acre land parcel with existing AC sheet roofed and RCC terraced buildings, located in the thriving Pallipalayam Village, Tiruchengode Taluk, Namakkal, Tamil Nadu. This industrial property for sale is ideal for businesses looking to expand or establish operations in a strategic location. Offered by Canara Bank, the e-auction is scheduled for 2026-06-25 with a reserve price of ₹1.25 Crore. Property inspection is available on 2026-06-22. Don't miss this opportunity to acquire a significant land and building asset through a Canara Bank auction in Namakkal.
GeoSquare note: This property represents a strong investment opportunity, particularly for industrial or commercial development, given its substantial land area and existing buildings. The location in Pallipalayam, Namakkal, a developing region, adds to its appeal. The reserve price of ₹1.25 Crore appears competitive for an industrial asset of this size. With constructive possession and a clear auction timeline, it minimizes immediate legal complexities for the prospective buyer.
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