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Commercial Building Bank Auction Symbolic Possession

Commercial Building for Auction in K Chettipalayam, Tiruppur – Canara

K Chettipalayam, Tiruppur, Tamil Nadu · Auction ID #84770

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Commercial Building for auction in K Chettipalayam, Tiruppur – Canara – photo 1
Commercial Building for auction in K Chettipalayam, Tiruppur – Canara – photo 2
Commercial Building for auction in K Chettipalayam, Tiruppur – Canara – photo 3
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Reserve Price ₹2,24,12,000 73.3% lower than previous auction (₹8.38 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 28 Oct 2026, 11:30 AM
EMD Last Date 28 Oct 2026, 11:00 AM
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Property Details

Property type
Commercial Building (Commercial)
Possession
Symbolic Possession
Locality
K Chettipalayam
Pincode
641606
Address
K Chettipalayam, Tamil Nadu, 641606 View on map

Description (as per sale notice)

BAANKNET Property ID: CNRB1192824593
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
COIMBATORE SPECIALISED ARM BRANCH
Auction type
Bank Auction
Borrower
M/s H***** K*** F*****
Auction start
28 Oct 2026, 11:30 AM
Auction end
28 Oct 2026, 12:30 PM
EMD submission deadline
28 Oct 2026, 11:00 AM
Inspection
—
Authorised officer
ANJU RAVINDRAN
Officer contact
7012217362
E-auction portal
BAANKNET (Property ID CNRB1192824593)
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Previous Auctions of This Property

Auction dateReserve price
28 Oct 2026₹2,24,12,000This auction
30 Sep 2026₹8,37,77,000View

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID CNRB1192824593)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 28 Oct 2026, 11:00 AM. It is refunded if you don't win.
  5. Bid online on 28 Oct 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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