Property for Auction in Thottipalayam, Tiruppur, Tamil Nadu
Auction ID:570412
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹78,80,500
EMD:₹7,88,050
Service Provider:BAANKNET
Submission Date:25-09-2025 05:00 PM
Bid Start Date:26-09-2025 12:00 PM
Union Bank of India presents an auction for a residential plot located in Thottipalayam, Tiruppur, Tamil Nadu. This valuable plot is being offered by the bank following SARFAESI Act procedures. The property was formerly associated with M/s Gangai Trading Company. Ideal for residential development, this plot offers a great opportunity to invest in a developing area of Tiruppur. Don't miss this chance to acquire a property through a transparent bank auction process.
State:Tamil Nadu
City:Tiruppur
Area:Thottipalayam
Asset Category:Residential
This is a SARFAESI auction conducted by Union Bank of India for a residential plot in Thottipalayam, Tiruppur, Tamil Nadu. The auction will commence on September 26, 2025, at 12:00 PM and conclude on the same day at 05:00 PM. The reserve price for this auction is ₹78,80,500, with an Earnest Money Deposit (EMD) of ₹7,88,050 required to participate. This is a prime opportunity to purchase a plot of land in a sought-after location through a secure and regulated bank auction. Interested bidders are encouraged to review all auction terms and conditions.
Borrower Name:M/s Gangai Trading Company
Auction Type:SARFAESI Auction
Contact No: Mr. Bimal Sukumar.A, Chief Manager, Mobile No.97694 79168