Land and Building for Auction Velampalayam Tiruppur 7.2 Crore by Shriram Finance Ltd 13 Jul 2026
Velampalayam, Tiruppur
Area: 0.45 Acre
S.F.No. 395/1A, A.V. P Road, Velampalayam Village, Tiruppur North Taluk, Tiruppur Registration District, Tiruppur Joint II Sub Registration District, Tirupur, Tamil Nadu.
Shriram Finance Ltd · Head Office : Mumbai
Reserve price
₹7,19,39,340
EMD ₹71,93,934
Auction date
13 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.45 Acre
- ▸Locality: Velampalayam
- ▸Reserve: ₹7,19,39,340
- ▸EMD: ₹71,93,934
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Velampalayam |
| Built-up / plot area | 0.45 Acre |
| Lender | Shriram Finance Ltd |
| Branch | Head Office : Mumbai |
| Unit / flat no. | Door Nos. 1H, 1H1 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | Samil |
About this property
Land And Building bank auction in Velampalayam, Tiruppur by Shriram Finance Ltd — reserve price ₹7,19,39,340, 0.45 Acre, Symbolic possession.
Explore a prime bank auction property in Velampalayam, Tiruppur, Tamil Nadu. This commercial land and building, spread over 0.45 Acre, offers significant investment potential. Located on A.V. P Road within Tirupur Municipal Corporation limits, it includes a roofed building with Door Nos. 1H, 1H1 and all connected amenities. The property is available through an e-auction by Shriram Finance Limited with a reserve price of ₹71,939,340.0. Inspection is scheduled for June 20, 2026, and the auction will take place on July 13, 2026. This strategically located land and building for sale presents a compelling opportunity for investors seeking a commercial property in a developing urban area.
GeoSquare note: This property, a 0.45-acre land with a building on A.V. P Road in Velampalayam, Tiruppur, offers strong commercial potential due to its location within Tirupur Municipal Corporation limits. The reserve price of ₹7.19 Crores is significant for the area, suggesting substantial value. While possession is symbolic, the clear title from a bank auction and the property type make it a compelling investment for commercial development or expansion.
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