Plot for auction 2 VEERAREDDY PALAYAM VILLA, Veerareddy, Vellore by Canara

A prime plot of land located in Veerareddy Palayam, Vellore, Tamil Nadu. This residential asset is part of a bank auction conducted by Canara Bank. The property is situated in a developing area, offering potential for future growth. It is an ideal opportunity for investors or individuals looking to build their dream home in a well-connected region.

Canara Bank is conducting an e-auction for a residential plot in Veerareddy Palayam, Vellore, Tamil Nadu, under the SARFAESI Act. The auction has a reserve price of INR 45,67,000 and requires an EMD of INR 4,56,700. Bidding opens on September 18, 2025, at 11:30 AM and closes at 12:30 PM on the same day. This is a secured asset being auctioned due to loan default by M/s. Padmavathi Steel.