Property for Auction in Palani, Dindigul, Tamil Nadu
Auction ID:543576
Bank Name:Canara Bank
Branch Name:VEERAKAL branch
Reserve Price:₹13,86,000
EMD:₹1,38,600
Service Provider:BAANKNET
Submission Date:19-08-2025 05:00 PM
Bid Start Date:20-08-2025 11:00 AM
This offering features a valuable parcel of land located in Palani, within the Dindigul district of Tamil Nadu. The property is designated as residential and is being auctioned by Canara Bank due to a SARFAESI action against the borrower, Mrs. Shanmugavalli. This land presents a significant investment potential for developers or individuals looking to build a home in a sought-after region. Its location in Palani offers access to local amenities and the broader economic landscape of Dindigul.
State:Tamil Nadu
City:Dindigul
Area:Palani
Asset Category:Residential
Canara Bank invites bids for a SARFAESI auction of land in Palani, Dindigul, Tamil Nadu. The auction will take place on August 20, 2025, from 11:00 AM to 01:00 PM. The reserve price is set at ₹13,86,000, with an Earnest Money Deposit (EMD) of ₹1,38,600 required to participate. This is a prime opportunity to acquire land in a developing area. Full auction terms and conditions are available on the Canara Bank website. Interested parties are encouraged to review all documentation before bidding.
Borrower Name:Mrs. Shanmugavalli
Auction Type:SARFAESI Auction
Contact Authorised Officer, Dindigul VADAMADURAI Branch (Ph.No. 8220008456)