Representative illustration — Land And Building bank auction in Velagoundampatti
Representative illustration — not the actual property photograph.
Land And Building Residential Strong Buy

Land and Building for Auction Velagoundampatti Namakkal 8 Lakh by Canara Bank 30 Jun 2026

Velagoundampatti, Namakkal

Area: 737 Sq. ft.

Mitta Aniyaar Village, Ayyampudur Natham old S. No. 92/2 (Part), New Survey: Survey No. 249/15, Velagoundampatty SRD, Namakkal Taluk, Namakkal District, Tamil Nadu

Canara Bank · Regional Office

Reserve price

₹8,00,000

EMD ₹80,000

Auction date

30 Jun 2026, 11:30 AM

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Quick read

  • Area: 737 Sq. ft.
  • Locality: Velagoundampatti
  • Reserve: ₹8,00,000
  • EMD: ₹80,000

Auction snapshot

Possession
Property typeLand And Building · Residential
LocalityVelagoundampatti
Built-up / plot area737 Sq. ft.
LenderCanara Bank
BranchRegional Office
Unit / flat no.Survey No. 249/15
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Land And Building bank auction in Velagoundampatti, Namakkal by Canara Bank — reserve price ₹8,00,000, 737 Sq. ft..

Discover a bank auction property with significant investment appeal: a residential land and building spanning 737 sq. ft. (0.0068.50 Sq. mtrs) in the prime location of Velagoundampatti, Mitta Aniyaar Village, Namakkal District, Tamil Nadu. This Canara Bank auction offers a valuable opportunity to acquire a property with a reserve price of ₹800,000. The property features a house building and rights to use roads/pathways. Interested bidders can inspect the property on June 20, 2026, and participate in the e-auction on June 30, 2026. This is a promising residential property for sale, ideal for investors looking for bank auction properties in Namakkal.

GeoSquare note: This property offers a fair investment opportunity due to its residential 'Land and Building' category and a relatively affordable reserve price of ₹800,000. Located in Velagoundampatti, Namakkal, it benefits from a specific address with clear boundaries. While the possession status is not explicitly stated as physical, the overall details suggest a straightforward auction, making it a strong buy for those seeking residential properties in Tamil Nadu.

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