Property for Auction in Thottipalayam, Tiruppur, Tamil Nadu
Auction ID:552735
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹90,00,000
EMD:₹9,00,000
Service Provider:BAANKNET
Submission Date:19-08-2025 11:00 AM
Bid Start Date:19-08-2025 11:30 AM
This offering is for a parcel of land located in Thottipalayam, a developing area within Tiruppur, Tamil Nadu. As a residential category asset, this land holds potential for various development purposes. Situated in a region known for its industrial and commercial activities, the location offers good connectivity and future growth prospects. The property is being auctioned by Canara Bank under the SARFAESI Act, representing a direct opportunity from the financial institution. Further details regarding the specific dimensions, boundaries, and any existing structures (if applicable) should be verified by interested bidders through the official auction documentation.
State:Tamil Nadu
City:Tiruppur
Area:Thottipalayam
Asset Category:Residential
Canara Bank presents a SARFAESI auction for prime land in Thottipalayam, Tiruppur, Tamil Nadu. This is an opportunity to acquire a valuable asset. The auction is for land formerly associated with M/s. Spark Apparels (Partnership Firm). The reserve price is ₹90,00,000, with an Earnest Money Deposit (EMD) of ₹9,00,000 required to participate. The auction will be conducted online and runs from 11:30 AM to 12:30 PM on August 19, 2025. Don't miss this chance to invest in a strategically located property.
Borrower Name:M/s. Spark Apparels (Partnership Firm)
Auction Type:SARFAESI Auction
Contact:- 0422-2555655