Plot for auction 2 Palani, Vedasandur., Palani by Canara

This offering presents a compelling opportunity for new property buyers looking to invest in the burgeoning real estate market of Tamil Nadu. The vacant plot, measuring approximately 0.28 acres (28 cents) in Ulliakottai Village, Vedasandur Taluk, is strategically positioned on Palani Road. Its location within the Gujiliamparai sub-district, near Palani, provides access to essential amenities and transportation links, making it an attractive site for residential development. The property's boundaries are clearly defined, with cart tracks on the east, north, and south, common land to the west, Natham Promboke to the north, and land belonging to Periyammal to the south, ensuring clear title and accessibility. The current reserve price of INR 2,390,000 suggests a strong potential for value appreciation, especially given the growing demand for housing in the region. This plot is an ideal canvas for buyers aiming to construct their dream home or undertake a profitable development project.

Prospective buyers are invited to participate in a SARFAESI auction conducted by Canara Bank for a promising residential plot located in Vedasandur, Palani, Tamil Nadu. The auction will commence on July 31, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. A non-refundable earnest money deposit (EMD) of INR 239,000 is required to participate, along with the submission of applications by 04:00 PM on July 30, 2025. The property, with a reserve price of INR 2,390,000, is situated at Palani RD, Gujiliamparai sub-D, Vedasandur Taluk, Ulliakottai Village, old SF.No.577/2, new SF.No.577/2D, measuring 0.28 acres. Bounded by cart tracks on the East, North, and South, and common land to the West, with Natham Promboke to the North and land belonging to Periyammal to the South, this plot offers a unique opportunity for development. For further inquiries, please contact 94890 45728 or 0451-2433353 during office hours.