Plot for auction 1 Western, Nallur., Tiruppur by Canara

Property for Auction in Nallur., Tiruppur, Tamil Nadu

Property Type IconProperty Type:
Plot
Location IconLocation:
Nallur., Tiruppur
Auction Date IconAuction Date:
19-08-2025 11:30 AM

Auction Details

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

Important Dates

Submission Date:19-08-2025 11:00 AM

Bid Start Date:19-08-2025 11:30 AM

Property Description

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

Auction Description

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 Details

Contact:- 0422-2555655

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