Land for auction 1 Aravindh Nagar, Balakrishnapuram, Dindigul by Bank of Maharashtra

This presents an exceptional opportunity for new property buyers to acquire a prime land parcel in Balakrishnapuram, Dindigul, Tamil Nadu. The property, identified as Plot No.1 within the 'K.T.S. Aravindh Nagar' layout, spans a generous area of 2354.5 Sq.ft. (equivalent to 218.73 Sq.mts.), making it an ideal canvas for residential construction. Situated in a well-defined locality with common rights to roads and other appurtenances, this land offers the potential for immediate development or a sound long-term investment. Its strategic location within Nagal Nayakkanpatti Sub-D, Balakrishnapuram Village, and clear boundaries—flanked by S. No.739 land to the North, Plot No.2 House to the South, Thottanuthu Village Border to the East, and a 20-foot road to the West—ensure easy access and future appreciation. This well-documented land parcel provides a secure and promising foundation for your real estate portfolio.

For prospective buyers considering a secure investment, this is a SARFAESI Auction conducted by Bank of Maharashtra, offering a transparent and regulated acquisition process. The property has a Reserve Price of INR 2,116,800.00, requiring an Earnest Money Deposit (EMD) of INR 211,680.00 to participate. It is crucial for interested parties to submit their applications by 05:00 PM on March 19, 2025. The e-auction itself is scheduled for March 20, 2025, from 11:00 AM to 05:00 PM. New buyers should conduct thorough due diligence, including property inspection and verification of all documents, to fully understand the terms and conditions of the sale. Bank auctions provide an excellent avenue for acquiring assets at potentially competitive prices, and interested parties are encouraged to contact the Coimbatore Zonal Office at 0422-2914952/3 for any clarifications before the application deadline, ensuring a well-informed bidding strategy.