Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609519
Bank Name:Canara Bank
Branch Name:TRICHY ARM BRANCH
Reserve Price:₹88,74,000
EMD:₹8,87,400
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-19
Bid Start Date:20-11-2025 11:00 AM
Property Description
Prime land parcel located in Tiruchengode, Namakkal, Tamil Nadu, offered by Canara Bank. This residential land is ideal for development or investment. The property is part of a SARFAESI auction, presenting a unique opportunity to acquire a valuable asset in a growing region. Situated in a well-connected area, it offers accessibility and potential for future appreciation. Don't miss this chance to own a piece of Namakkal's developing landscape.
State:Tamil Nadu
City:Namakkal
Area:Tiruchengode
Asset Category:Residential
Full Address:S.No 63/1, (TSLR No 18, 20), Ward A, Block 20, Seetharampalayam village, Seetharampalayam, Tiruchengode
Size:6387 Sq feet
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land property 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 valuable land is ₹88,74,000, with an Earnest Money Deposit (EMD) of ₹8,87,400 required to participate. This is a fantastic opportunity for prospective buyers and investors to acquire a property through a transparent auction process. Bid wisely and secure your stake in this promising real estate offering.
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 land located in Tiruchengode, offered at a reserve price of ₹8874000.0. While the location presents potential, further due diligence is advised to assess local market conditions and growth prospects before making an investment decision.
Contact Details
Branch:Branch Office : TRICHY ARM BRANCH
Service Provider:Public Auction
Contact Details:
Contact no:0431-2416067
