Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613053
Bank Name:CanFin Homes Limited
Branch Name:Dindigul
Reserve Price:₹28,00,000
EMD:₹2,80,000
Service Provider:Public Auction
Important Dates
Submission Date:11-12-2025 05:00 PM
Bid Start Date:2025-12-12
Property Description
A prime plot of land located in Vedasandur, Palani, Tamil Nadu, offered for sale by CanFin Homes Limited. This residential land parcel presents an excellent opportunity for development or investment in a growing area. The property is situated in a well-connected locality within Palani, offering convenient access to local amenities and transportation. Ideal for building a dream home or for commercial purposes, this land is a valuable asset in a sought-after region.
State:Tamil Nadu
City:Palani
Area:Vedasandur.
Asset Category:Residential
Full Address:19 & 20, Arunachala nagar, Palani RD, Vedasandur sub-D, Vedasandur Taluk, Vedasandur Village in S.F.No.491/1A out of lacre 72 cent on west acre. As per New sub Division, S.F.No.491/1A1A 1 acre 67 cent was divided into house sites through the Block Development officer and special officer, vedasandur Union vide No.3317/2018/A3,dt.8.3.2019 under the name of "Arunachala nagar", Within the layouted house sites plot No. 19 & 20, Vedasandur, Palani
Building/Society:Arunachala nagar
Size:2610 sqft
Auction Description
CanFin Homes Limited presents a SARFAESI auction for a land parcel in Vedasandur, Palani, Tamil Nadu. The auction will take place on December 12, 2025, from 11:00 AM to 01:00 PM. The reserve price for this property is ₹28,00,000, with an Earnest Money Deposit (EMD) of ₹2,80,000 required to participate. This is a unique chance to acquire a valuable plot of land through a transparent bank auction process. Interested bidders are encouraged to review all auction terms and conditions provided by CanFin Homes Limited.
Borrower Name:Yasotha S
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property is a residential plot in a developing area, offered at a reasonable reserve price. While the location is not prime, the clear encumbrance status and potential for residential development make it a calculated investment opportunity. Due diligence is recommended to assess local market conditions.
Contact Details
Branch:Branch Office : Dindigul
Service Provider:Public Auction
Contact Details:
Contact no: —
