Property for Auction in Dharapuram, Tiruppur, Tamil Nadu
Auction ID:597888
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹3,16,00,000
EMD:₹31,60,000
Service Provider:BAANKNET
Submission Date:30-10-2025 11:00 AM
Bid Start Date:30-10-2025 11:30 AM
This offering features a prime plot of land located in Dharapuram, Tiruppur, Tamil Nadu. This valuable asset is being auctioned by Canara Bank under the SARFAESI Act. The property is categorized as residential land, presenting a significant opportunity for development or investment in a growing region. Its location in Dharapuram provides accessibility and potential for future appreciation. This is a direct auction from the bank, ensuring a clear title and a straightforward transaction process.
State:Tamil Nadu
City:Tiruppur
Area:Dharapuram
Asset Category:Residential
Canara Bank is conducting an SARFAESI auction for a valuable parcel of land in Dharapuram, Tiruppur, Tamil Nadu. The auction will take place on October 30, 2025, commencing at 11:30 AM and concluding at 12:30 PM. The reserve price for this property is INR 3,16,00,000, with an Earnest Money Deposit (EMD) of INR 31,60,000 required to participate. This is a unique opportunity to acquire land directly through a public sector bank auction. Bidders are advised to conduct their due diligence prior to the auction date.
Borrower Name:M/s. Ultimate Textiles
Auction Type:SARFAESI Auction
Contact Number:948+053584