Land for auction 2 PROPERTY: Velagoundampatti Namakkal by BOI

This auction features a parcel of land located in Velagoundampatti, Namakkal, Tamil Nadu. Classified as a residential asset, the property is offered by Union Bank of India under the SARFAESI Act. The land presents a blank canvas for development or investment in a region known for its growing potential. Situated in Namakkal district, this plot is part of a SARFAESI auction, providing a direct opportunity for acquisition from the bank.

Union Bank of India presents a SARFAESI auction for land in Velagoundampatti, Namakkal, Tamil Nadu. This is a residential asset belonging to Mr. Dharmalingam P. The auction will take place on August 29, 2025, from 12:00 PM to 5:00 PM. The reserve price is INR 15,93,000, with an Earnest Money Deposit (EMD) of INR 1,59,300 required. This is a prime opportunity to acquire land in a developing area.