Property for Auction in Nallur., Tiruppur, Tamil Nadu
Auction ID:552731
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹40,00,000
EMD:₹4,00,000
Service Provider:BAANKNET
Submission Date:19-08-2025 11:00 AM
Bid Start Date:19-08-2025 11:30 AM
This listing is for a residential plot situated in Nallur, Tiruppur, Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. It is a plot of land, identified as a residential asset. The location in Nallur, Tiruppur, offers potential for development or investment. The auction process is managed by the bank to recover dues from the borrower, M/s. Spark Apparels. Further details regarding the exact dimensions, boundaries, and any existing structures or encumbrances should be confirmed through the official auction documents provided by Canara Bank.
State:Tamil Nadu
City:Tiruppur
Area:Nallur.
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential plot located in Nallur, Tiruppur, Tamil Nadu. The auction is for a property previously mortgaged by M/s. Spark Apparels. The reserve price is INR 40,00,000, with an Earnest Money Deposit (EMD) of INR 4,00,000. This is a valuable opportunity to acquire a plot in a developing area of Tiruppur. The auction will be conducted online on August 19, 2025, starting at 11:30 AM and closing at 12:30 PM. Interested bidders are advised to review all auction terms and conditions carefully before participating.
Borrower Name:M/s. Spark Apparels (Partnership Firm)
Auction Type:SARFAESI Auction
Contact:- 0422-2555655