Land for auction 398 Meter, Meter Depsoit, Velagoundampatti, Namakkal by Canara

This auction features a parcel of land located in Velagoundampatti, within the Namakkal district of Tamil Nadu. Classified as residential property, this land is being auctioned by Canara Bank under SARFAESI proceedings. The property offers a significant opportunity for development or investment in a growing region. Its precise location and dimensions will be detailed in the official auction documents. Interested parties should review all terms and conditions provided by the bank before bidding.

Canara Bank presents a SARFAESI auction for land in Velagoundampatti, Namakkal, Tamil Nadu. The auction for the residential land, previously mortgaged by Mr. Prakasam Karuppannan, will take place on July 22, 2025, from 11:30 AM to 12:00 PM. The reserve price is ₹26,00,000, with an Earnest Money Deposit (EMD) of ₹2,60,000 required to participate. This is a prime opportunity to acquire land in a developing area of Namakkal.