Land for auction 3 Thottipalayam, Tiruppur by Canara Bank

Property for Auction in Thottipalayam, Tiruppur, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Thottipalayam, Tiruppur
Auction Date IconAuction Date:
19-08-2025 11:30 AM

Auction Details

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

Important Dates

Submission Date:19-08-2025 11:00 AM

Bid Start Date:19-08-2025 11:30 AM

Property Description

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

Auction Description

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 Details

Contact:- 0422-2555655

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