Land for auction Seerapalli Village Namakkal 39 lakh Karur Vysya Bank

Prime plot of land located in Namagiripettai, Namakkal, Tamil Nadu. This residential land offers a great opportunity for development or investment in a growing area. Situated in a well-connected locality, it provides easy access to local amenities and transport links. The property is being auctioned by Karur Vysya Bank under SARFAESI rules, presenting a straightforward transaction process for potential buyers.

Karur Vysya Bank is conducting a SARFAESI auction for a valuable plot of land in Namagiripettai, Namakkal, Tamil Nadu. The auction will take place on November 25, 2025, starting at 02:00 PM and concluding at 03:00 PM. The reserve price for this land is INR 39,00,000, with an Earnest Money Deposit (EMD) of INR 3,90,000 required to participate. This is a significant opportunity to acquire property in a desirable location, facilitated by a transparent auction process.

The land offers a decent investment opportunity due to its location and size. However, potential buyers should consider the auction terms and conduct thorough due diligence before bidding. The reserve price and EMD are relatively high, requiring careful assessment of investment viability.