Property for Auction in Udumalpet,, Tiruppur, Tamil Nadu
Auction ID:560532
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹3,12,30,000
EMD:₹31,23,000
Service Provider:BAANKNET
Submission Date:30-08-2025 11:00 AM
Bid Start Date:30-08-2025 11:30 AM
This auction features a significant parcel of land located in Udumalpet, within the Tiruppur district of Tamil Nadu. Classified as a residential asset, this land offers considerable potential for development or investment. Situated in a well-recognized area, it provides access to the region's amenities and infrastructure. The property is being auctioned by Canara Bank as part of a SARFAESI action. Specific details regarding the exact acreage, dimensions, and any existing structures or encumbrances will be available in the detailed auction notice. Buyers are advised to conduct their due diligence prior to the auction date.
State:Tamil Nadu
City:Tiruppur
Area:Udumalpet,
Asset Category:Residential
Canara Bank presents a SARFAESI auction for land in Udumalpet, Tiruppur, Tamil Nadu. This is a prime opportunity to acquire a valuable plot of land. The auction will take place on August 30, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price is ₹3,12,30,000, with an Earnest Money Deposit (EMD) of ₹31,23,000 required to participate. This auction is conducted under the SARFAESI Act and pertains to the property of M/s Sri Selvanaayaki Textiles.
Borrower Name:M/s Sri Selvanaayaki Textiles
Auction Type:SARFAESI Auction
Contact Branch, Coimbatore (Ph. No. 0422-2549459/2555655, Mob No: 94890 43584) E-mail: cb4712@canarabank.com