Property for Auction in Namagiripettai, Namakkal, Tamil Nadu
Auction ID:569447
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹34,25,000
EMD:₹3,42,500
Service Provider:BAANKNET
Submission Date:18-09-2025 11:00 AM
Bid Start Date:18-09-2025 11:30 AM
Discover a promising investment opportunity in Namagiripettai, Namakkal, Tamil Nadu. This property, identified as a Land and Building asset, is brought to you through a SARFAESI auction by Canara Bank. Previously associated with M/s.Shri Amritha Sago Factory, this residential category property offers a unique chance to acquire real estate in a developing region. The property is located in Namagiripettai, a significant area within the Namakkal district.
State:Tamil Nadu
City:Namakkal
Area:Namagiripettai
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a Land and Building property in Namagiripettai, Namakkal, Tamil Nadu. The auction is scheduled for September 18, 2025, with bidding commencing at 11:30 AM and concluding at 12:30 PM on the same day. The reserve price for this auction is ₹34,25,000.00, with an Earnest Money Deposit (EMD) of ₹3,42,500.00 required to participate. This is a prime opportunity to bid on a property with a clear title, facilitated by Canara Bank.
Borrower Name:M/s.Shri Amritha Sago Factory
Auction Type:SARFAESI Auction
Coimbatore (Phone No : 0422-2555655)