Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609520
Bank Name:Canara Bank
Branch Name:TRICHY ARM BRANCH
Reserve Price:₹24,70,000
EMD:₹2,47,000
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-19
Bid Start Date:20-11-2025 11:00 AM
Property Description
A parcel of land located in Tiruchengode, Namakkal, Tamil Nadu. This property is classified as residential. It is being auctioned by Canara Bank as part of a SARFAESI action. The borrower associated with this property is M/s Tamilnadu Steel Trading Company. The land offers a valuable opportunity for development or investment in a developing region.
State:Tamil Nadu
City:Namakkal
Area:Tiruchengode
Asset Category:Residential
Full Address:2, S.No 29/2, 29/3 (TSLR No 29), Ward A, Block 3, Palaniyandavar Kovil Street, Plot No.2, Seetharampalayam, Tiruchengode
Size:1731 Sq feet
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land parcel in Tiruchengode, Namakkal, Tamil Nadu. The auction will take place on November 20, 2025, from 11:00 AM to 12:00 PM. The reserve price for this property is INR 24,70,000, with an Earnest Money Deposit (EMD) of INR 2,47,000 required to participate. This is a unique opportunity to acquire land in a strategic location.
Borrower Name:M/s Tamilnadu Steel Trading Company
Auction Type:SARFAESI Auction
Guarantor Names:Ms. Mumtaj Beevi, Ms. Shajitha Beham, Mr. Mohammed Yasin, Mr. Mohammed Hareeb, Ms. Sharmila Beham, Ms. Shirajunisa Beham, Mr. Syed Abuthahir Sydha Mohammed
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in a developing area. The reserve price seems reasonable. Potential buyers should verify all details before bidding.
Contact Details
Branch:Branch Office : TRICHY ARM BRANCH
Service Provider:Public Auction
Contact Details:
Contact no:0431-2416067
