Land for auction Kunnam Perambalur 31 lakh Canara Bank

This auction features a prime plot of land located in Kunnam, Perambalur, Tamil Nadu. The property is offered by Canara Bank under SARFAESI regulations. It presents a significant opportunity for investors or individuals looking to acquire land in a developing region. The land is categorized as residential, offering potential for future development. Its location in Perambalur provides access to local amenities and infrastructure. This is a direct sale from the bank, presenting a transparent and reliable transaction process.

Canara Bank is conducting a SARFAESI auction for a valuable plot of land in Kunnam, Perambalur, Tamil Nadu. The auction is scheduled for November 20, 2025, with bidding open from 11:30 AM to 12:00 PM. The reserve price for this property is set at ₹31,00,000, with an Earnest Money Deposit (EMD) of ₹3,10,000 required to participate. This is a timed online auction, ensuring a competitive bidding environment. Interested parties are encouraged to review all auction terms and conditions provided by Canara Bank prior to the auction date.

The property, located in Kunnam, Perambalur, offers a mix of land and structures, making it a calculated opportunity. The reserve price is moderate, and the presence of existing structures enhances its utility. Location and auction terms suggest potential for value appreciation, warranting careful consideration.