Property for Auction in Karur, Karur, Tamil Nadu
Auction ID:561260
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹50,00,000
EMD:₹5,00,000
Service Provider:BAANKNET
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:30 AM
This auction features a residential plot located in Karur, Tamil Nadu. Situated in the well-connected area of Karur, this plot offers immense potential for development. As an asset category residential property, it is ideal for building a home or for investment purposes. The property is being auctioned by Canara Bank under the SARFAESI Act. It is a unique opportunity for prospective buyers to acquire a plot in a developing region of Tamil Nadu. Further details regarding the exact location and site inspection can be obtained from the bank.
State:Tamil Nadu
City:Karur
Area:Karur
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a prime residential plot in Karur, Tamil Nadu. The auction will take place on August 30, 2025, from 11:30 AM to 12:30 PM. The reserve price is set at ₹50,00,000, with an Earnest Money Deposit (EMD) of ₹5,00,000 required. This is an excellent opportunity to acquire a valuable asset in the heart of Karur. The property is being auctioned due to the default by the borrower, M/s. MA Potato Trading Company. Don't miss this chance to invest in a sought-after location.
Borrower Name:M/s. MA Potato Trading Company
Auction Type:SARFAESI Auction
Contact:- 0422-2549459 / 2555655 / 94890 43584