Property for Auction in Sathyamangalam, Erode, Tamil Nadu
Auction ID:560482
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹27,36,000
EMD:₹2,73,600
Service Provider:BAANKNET
Submission Date:30-08-2025 11:00 AM
Bid Start Date:30-08-2025 11:30 AM
This offering is for a residential plot located in Sathyamangalam, Erode, a city in the state of Tamil Nadu. The property is being auctioned by Canara Bank under the SARFAESI Act. It is an excellent opportunity for those looking to invest in land in this region. The plot is categorized as residential, offering potential for building a home or for future development. Situated in Sathyamangalam, the plot benefits from its location within the Erode district.
State:Tamil Nadu
City:Erode
Area:Sathyamangalam
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential plot in Sathyamangalam, Erode, Tamil Nadu. The property is associated with M/s G J SPINNERS. The auction will take place on August 30, 2025, from 11:30 AM to 12:30 PM. The reserve price is INR 2,736,000, with an Earnest Money Deposit (EMD) of INR 273,600. This is a prime opportunity to acquire a plot in a developing area. Interested bidders are advised to review all auction terms and conditions carefully prior to participation. Secure your bid for this valuable asset.
Borrower Name:M/s G J SPINNERS
Auction Type:SARFAESI Auction
Contact Branch, Coimbatore (Ph. No. 0422-2549459/2555655, Mob No: 94890 43584) E-mail: [email protected]