Property for Auction in Sathyamangalam, Erode, Tamil Nadu
Auction ID:560478
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹22,95,000
EMD:₹2,29,500
Service Provider:BAANKNET
Submission Date:30-08-2025 11:00 AM
Bid Start Date:30-08-2025 11:30 AM
A residential plot located in Sathyamangalam, Erode, Tamil Nadu. This property is part of a SARFAESI auction conducted by Canara Bank. The location in Sathyamangalam offers a serene environment within the Erode district. Ideal for residential development, this plot presents a unique opportunity for discerning buyers and investors looking to establish a presence in this developing region of Tamil Nadu. The property is being auctioned as part of the recovery process for the borrower, M/s G J SPINNERS.
State:Tamil Nadu
City:Erode
Area:Sathyamangalam
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential plot in Sathyamangalam, Erode, Tamil Nadu. This is an opportunity to acquire a valuable property through an e-auction. The reserve price is set at INR 22,95,000, with an Earnest Money Deposit (EMD) of INR 2,29,500 required to participate. The auction will be conducted online on August 30, 2025, starting at 11:30 AM and concluding at 12:30 PM. This auction is being held due to the borrower, M/s G J SPINNERS. Don't miss this chance to invest in a prime location.
Borrower Name:M/s G J SPINNERS
Auction Type:SARFAESI Auction
Contact Branch, Coimbatore (Ph. No. 0422-2549459/2555655, Mob No: 94890 43584) E-mail: [email protected]