Representative illustration — Plot bank auction in Kaniyur
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Fair Option

Plot for Auction Kaniyur Tiruppur 24.7 Lakh by Canara Bank 16 Jun 2026

Kaniyur, Tiruppur

Area: 1980 Sq.feet

6/50, Poya Theru Main Road, Kaniyur Madathukulam

Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE

Reserve price

₹24,70,000

EMD ₹2,47,000

Auction date

16 Jun 2026, 11:30 AM

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Quick read

  • Possession: Symbolic
  • Area: 1980 Sq.feet
  • Locality: Kaniyur
  • Reserve: ₹24,70,000
  • EMD: ₹2,47,000

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityKaniyur
Built-up / plot area1980 Sq.feet
LenderCanara Bank
BranchASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Unit / flat no.Door No.51
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Plot bank auction in Kaniyur, Tiruppur by Canara Bank — reserve price ₹24,70,000, 1980 Sq.feet, Symbolic possession.

Seize the opportunity to own a residential plot through a bank auction property in the serene locality of Kaniyur, Madathukulam, Tiruppur. Canara Bank presents a plot owned by Mr. Periyasamy.P, measuring 1980 sq.ft., available at a reserve price of ₹24,70,000. With an EMD of ₹2,47,000, this plot offers great potential for building your dream home. Benefit from its strategic location and clear boundaries. Don't miss this chance to invest in a valuable piece of land through this bank auction. Inspection available on 2026-06-15

GeoSquare note: The property is a residential plot in a developing area. The reserve price appears reasonable. However, symbolic possession indicates potential delays or legal hurdles, and this impacts the overall investment score and recommendation tier.

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