Flat for auction 1 Meenakshi Nagar, Kumarapalayam, Coimbatore by BOI

The auction features five flats within the 'Vijayalakshmi Apartment' building located in Kumarapalayam, Coimbatore. Each flat (G-1, S-1, S-2, F-1, F-2) offers a super built-up area of 1228 sq. ft. and includes a car parking space. The properties are situated on Site No. 62 within a layout known as 'Meenakshi Nagar', approved by the Director of Town and Country Planning, Chennai (DTP No. 147/1997), in Survey Field Numbers 562 and 563. The land extent for each site is 3737 sq. ft. with specified boundaries and an undivided share of 747.4 sq. ft. in the land. The property is owned by Mr. Shaikh Khushbahar and Mrs. S. Shaikh Shabnam. The location is within the Coimbatore Municipal Corporation limits.

This is a SARFAESI Auction conducted by the Bank of India for multiple flats in Kumarapalayam, Coimbatore, Tamil Nadu. The auction includes five units: Flat No. G-1 (Ground Floor), S-1 (Second Floor), S-2 (Second Floor), F-1 (First Floor), and F-2 (First Floor) in the building known as 'Vijayalakshmi Apartment'. Each flat has a super built-up area of 1228 Sq. Ft. and includes car parking. The auction is for residential property. The reserve price for the entire lot is 38,847,000.00, with an Earnest Money Deposit (EMD) of 3,884,700.00. The auction takes place on February 25, 2025, from 11:00 AM to 5:00 PM. The application submission deadline is February 24, 2025, 5:00 PM. The properties are located in a layout approved by the Director of Town and Country Planning, Chennai. The owners of the properties are Mr. Shaikh Khushbahar and Mrs. S. Shaikh Shabnam. The properties fall within the limits of the Coimbatore Municipal Corporation.