Land and Building for Auction Pallipalayam Village Namakkal 1.8 Crore by Canara Bank 25 Jun 2026
Pallipalayam Village, Namakkal
Area: 5265 Sq.ft
Pallipalayam Village, Pallipalayam (III-Grade) Municipality, Palam Road, Tiruchengode Taluk, Pallipalayam Sub-Registration District, Namakkal Registration District
Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve price
₹1,80,38,000
EMD ₹18,03,800
Auction date
25 Jun 2026, 11:30 AM
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Quick read
- ▸Possession: Constructive
- ▸Area: 5265 Sq.ft
- ▸Locality: Pallipalayam Village
- ▸Reserve: ₹1,80,38,000
- ▸EMD: ₹18,03,800
Auction snapshot
| Possession | Constructive |
| Property type | Land And Building · Residential |
| Locality | Pallipalayam Village |
| Built-up / plot area | 5265 Sq.ft |
| Lender | Canara Bank |
| Branch | ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE |
| Unit / flat no. | D.Nos: 17, 17/1,17/2, 17/3 & 17/4 |
| 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 ₹1,80,38,000, 5265 Sq.ft, Constructive possession.
Secure an industrial bank auction property from Canara Bank, ideal for business expansion. This 5265 Sq.ft land with R.C.C terraced buildings is located in Pallipalayam Village, Namakkal, Tamil Nadu, within the III-Grade Municipality on Palam Road. Offered at a reserve price of ₹1,80,38,000, this prime location property presents a significant investment opportunity. The e-auction is scheduled for 25.06.2026. Interested bidders can inspect the property on 22.06.2026. This commercial property for sale offers excellent potential in a growing area.
GeoSquare note: This property is a strong buy due to its substantial size of 5265 Sq.ft of land with R.C.C terraced buildings, offering significant industrial or commercial potential. Its location in Pallipalayam Village, part of a III-Grade Municipality in Namakkal, Tamil Nadu, on a main road (Palam Road), adds to its appeal. While possession is constructive, it is a standard arrangement for bank auctions, and the reserve price appears competitive for the area and property type.
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