Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:612069
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹55,60,000
EMD:₹5,56,000
Bid Increment:₹1,00,000
Auction Time:11:30 AM to 12:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-21
Property Description
This is a prime plot of land located in Nagalnaickenpatti, Dindigul, Tamil Nadu. Measuring [Specify Size if available], this residential land parcel offers excellent potential for development or investment. Situated in a well-connected area, it benefits from the growing infrastructure of Dindigul. Ideal for those looking to build their dream home or a profitable venture, this property presents a unique opportunity in a sought-after location.
State:Tamil Nadu
City:Dindigul
Area:Nagalnaickenpatti
Asset Category:Residential
Full Address:In Dindigul Registration District, Dindigul Nagalnaickenpatty Sub Registration Office, Dindigul Taluk, Balakrishnapuram village, Old Survey No. 755/1, New No.755/1A3A1, Nagalnaickenpatti, Dindigul
Size:282114 Sq.ft.
Auction Description
Canara Bank presents a SARFAESI auction for a valuable land property in Nagalnaickenpatti, Dindigul, Tamil Nadu. The reserve price is set at INR 55,60,000, with an EMD of INR 5,56,000. This is a fantastic chance to acquire a desirable piece of land in a developing region. The auction will be conducted online on November 21, 2025, from 11:30 AM to 12:30 PM. Don't miss this opportunity to invest in Dindigul's real estate market.
Borrower Name:Geetha Devi.N
Auction Type:SARFAESI Auction
Guarantor Names:Karthikeyan.S
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The land in Nagalnaickenpatti presents a calculated opportunity given its size and location within Dindigul. The reserve price appears reasonable; however, a thorough due diligence is recommended. The symbolic possession status should be factored into the investment decision.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Service Provider:BAANKNET
Contact Details:
Contact no:9489043584
