Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611149
Bank Name:Canara Bank
Branch Name:GUZILIAMPARAI
Reserve Price:₹20,61,500
EMD:₹2,06,150
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-20
Property Description
This is a residential plot located in Vedasandur, Palani, Tamil Nadu. The property is being auctioned by Canara Bank under SARFAESI regulations. It offers a prime location in a developing area, ideal for building a home or for investment purposes.
State:Tamil Nadu
City:Palani
Area:Vedasandur.
Asset Category:Residential
Full Address:Palani RD, Gujiliamparai sub-D, vedasandur Taluk, Ulliyakottai village, S.F.No.709/1, Vedasandur, Palani
Size:2116.31 sq.ft
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential plot in Vedasandur, Palani. The auction will take place on November 20, 2025, from 11:00 AM to 12:00 PM. The reserve price is INR 20,61,500, with an EMD of INR 2,06,150 required to participate. This is a fantastic opportunity to acquire a plot in a sought-after location.
Borrower Name:Mr. Vellaisamy G
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in Vedasandur, Palani, offered at a reserve price of ₹2061500.0. While the location might offer potential, further due diligence is required to ascertain its market value and development prospects. Hence, it's categorized as a 'Calculated Opportunity'.
Contact Details
Branch:Branch Office : GUZILIAMPARAI
Service Provider:BAANKNET
Contact Details:
Contact no:7046612345
