Plot for auction KUNDHA TALUK ITHALAR VILLA, Udhagamandalam, Nilgiris by Canara

Prime residential plot located in the scenic Udhagamandalam (Ooty) area of Nilgiris, Tamil Nadu. This asset, previously mortgaged by Sri Mohan B, is being auctioned by Canara Bank under SARFAESI provisions. The plot offers a great opportunity for development in a sought-after hill station known for its natural beauty and tourism. With a reserve price of INR 47,50,000, this property is ideal for investors or individuals looking to build their dream home in a tranquil environment.

Canara Bank is conducting an online SARFAESI auction for a valuable residential plot in Udhagamandalam, Nilgiris, Tamil Nadu. The auction will commence on October 27, 2025, at 11:30 AM and conclude on the same day at 12:30 PM. The bidding starts with a reserve price of INR 47,50,000, and an Earnest Money Deposit (EMD) of INR 4,75,000 is required to participate. This is a unique opportunity to acquire a plot of land in a popular tourist destination. Interested bidders are advised to review all auction terms and conditions provided by Canara Bank.