Land for auction 39 Western Thottipalayam Tiruppur by Canara Bank

A parcel of land situated in Thottipalayam, Tiruppur, Tamil Nadu. This property is categorized as residential and offers potential for various development opportunities. Located in a well-known area of Tiruppur, it provides accessibility and convenience. The land forms part of the assets being auctioned by Canara Bank due to loan default by the previous owner, M/s. Spark Apparels. This is a direct opportunity for buyers seeking land in the growing region of Tiruppur.

Canara Bank presents a SARFAESI auction for land located in Thottipalayam, Tiruppur, Tamil Nadu. This is a prime opportunity to acquire a residential land asset. The auction will be held on August 19, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹1,76,40,000, with an Earnest Money Deposit (EMD) of ₹17,64,000 required to participate. This auction is conducted under the SARFAESI Act. The property was formerly mortgaged by M/s. Spark Apparels (Partnership Firm).