Land for Auction Veeramani Nagar Tenkasi 56 Lakh by City Union Bank 16 Jul 2026
Veeramani Nagar, Tenkasi
Area: 2542.0 sq. ft.
Plot No. 7, Door No 5/494A, Ward 'B' Veeramani Nagar, Kalappakulam Village, Sankarankoil, Tenkasi District
City Union Bank · Credit Recovery and Management Department
Reserve price
₹56,00,000
EMD ₹5,60,000
Auction date
16 Jul 2026, 01:00 PM
Auction notice
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Quick read
- ▸Possession: Constructive Possession
- ▸Area: 2542.0 sq. ft.
- ▸Locality: Veeramani Nagar
- ▸Reserve: ₹56,00,000
- ▸EMD: ₹5,60,000
Auction snapshot
| Possession | Constructive Possession |
| Property type | Land · Residential |
| Locality | Veeramani Nagar |
| Built-up / plot area | 2542.0 sq. ft. |
| Lender | City Union Bank |
| Branch | Credit Recovery and Management Department |
| Unit / flat no. | Plot No. 7, Door No 5/494A |
| Building / society | Veeramani Nagar |
| Auction type | SARFAESI Auction |
| Service provider | Public Auction |
About this property
Land bank auction in Veeramani Nagar, Tenkasi by City Union Bank — reserve price ₹56,00,000, 2542.0 sq. ft., Constructive Possession possession.
Secure your investment with this prime bank auction property! City Union Bank presents an excellent opportunity to acquire a residential plot for sale in the thriving Veeramani Nagar, Kalappakulam Village, Sankarankoil, Tenkasi District. This valuable land, Plot No. 7, Door No 5/494A, spans 2542 sq. ft. and is offered with 'Constructive Possession'. Boasting clear titles with 'Encumbrances-Nil', this plot includes a bore well and a compound wall. The e-auction has a reserve price of ₹56,00,000 and an EMD of ₹5,60,000. Mark your calendars for the auction date on 2026-07-16 at 01:00 PM. Don't miss this opportunity for a residential plot in Sankarankoil, ideal for building your dream home or for future appreciation. Contact City Union Bank for further details.
GeoSquare note: This residential land plot in Veeramani Nagar, Sankarankoil, presents a strong investment opportunity. With a clear title ("Encumbrances-Nil"), a good size of 2542 sq. ft., and amenities like a bore well and compound wall, it offers significant potential for residential development or future appreciation. The constructive possession status is standard for bank auctions, and the reserve price of ₹56,00,000 appears reasonable for a property of this nature in a developing locality, making it a strong buy.
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