Land And Building for auction Rasathavalasu village Tiruppur 37 lakh Canara Bank

This auction features a valuable land and building property located in Kangeyam, Tiruppur, Tamil Nadu. The asset, previously owned by M/s. Vel Lubricants, falls under the residential category and is being auctioned by Canara Bank under SARFAESI rules. This presents a prime opportunity to acquire a property in a developing area.

Canara Bank is conducting a SARFAESI auction for a land and building property in Kangeyam, Tiruppur. The auction will take place on October 31, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price is set at ₹36,90,000 with an Earnest Money Deposit (EMD) of ₹3,69,000. This is a significant opportunity for interested buyers to participate in a transparent bidding process.