Plot for auction 1837 Bounded, Kangeyam, Tiruppur by Canara Bank

Property for Auction in Kangeyam, Tiruppur, Tamil Nadu

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

Auction Details

Auction ID:550294

Bank Name:Canara Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:41,00,000

EMD:4,10,000

Service Provider:BAANKNET

Important Dates

Submission Date:30-08-2025 11:00 AM

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

Property Description

This auction features a plot of land measuring 1837.52 Sq.mt (0.4541 Acres) situated in SIDCO industrial estate, Rasathavalasu village, Kangeyam Taluk, Tiruppur District, Tamil Nadu. The property is comprised in S.F.No.202/B (Part). The boundaries are described as: North by D.P.No.67, South by D.P.No.65, East by Village Road, and West by a 12.00 M SIDCO Road. This is a SARFAESI auction conducted by Canara Bank for the property formerly associated with M/s. Vel Lubricants.

State:Tamil Nadu

City:Tiruppur

Area:Kangeyam

Asset Category:Residential

Auction Description

Canara Bank is auctioning a prime plot of land measuring 1837.52 Sq.mt (0.4541 Acres) in the SIDCO industrial estate, Kangeyam, Tiruppur District, Tamil Nadu. The property, located in Rasathavalasu village, is part of SF No. 202/B. The auction will be held on 30-08-2025 from 11:30 AM to 12:30 PM. The reserve price is 41,00,000.0 and the EMD is 4,10,000.0. For further details, contact Ph. No. 0422-2555655 or Mob No: 94890 43584, or email [email protected].

Borrower Name:M/s. Vel Lubricants

Auction Type:SARFAESI Auction

Contact Details

Contact Ph. No. 0422-2555655, Mob No: 94890 43584) E-mail: [email protected]

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