Plot for auction Kurichi Village Bhavani, Erode, Tamil Nadu 62 lakh Canara Bank

This is a valuable plot of land located in Bhavani, Erode, Tamil Nadu. The property is categorized as residential, offering a great opportunity for development or investment in a growing area. Situated in Erode, a prominent city in Tamil Nadu, this plot is part of a SARFAESI auction conducted by Canara Bank. The asset is offered as a plot, making it versatile for various residential purposes. Don't miss this chance to acquire a plot in a well-connected region of Tamil Nadu.

Canara Bank is holding a SARFAESI auction for a residential plot in Bhavani, Erode, Tamil Nadu. The auction is for a property linked to M/s. Indhirani Rolling Mills. The bidding starts with a reserve price of INR 62,10,000 and requires an EMD of INR 6,21,000. The auction will take place on November 24, 2025, with bidding open from 11:30 AM to 12:30 PM. This is a prime opportunity to acquire a plot through a transparent bank auction process.

The property represents a reasonable opportunity given its location in Bhavani, Erode, and its land classification. The price point requires careful assessment of local market dynamics. Symbolic possession adds a layer of complexity requiring due diligence.