Property for Auction in Kumarapalayam, Coimbatore, Tamil Nadu
Auction ID:561076
Bank Name:Bank of India
Branch Name:Zonal Office - Coimbatore
Reserve Price:₹3,49,62,300
EMD:₹34,96,230
Service Provider:BAANKNET
Submission Date:08-09-2025 05:00 PM
Bid Start Date:09-09-2025 11:00 AM
This is a residential flat located in Kumarapalayam, Coimbatore, Tamil Nadu. The property is part of a bank auction conducted by the Bank of India under SARFAESI Act. The flat offers a living space in a recognized locality within Coimbatore. Details regarding the size, amenities, and exact location within Kumarapalayam will be provided to prospective bidders. This asset is being auctioned due to a borrower default by M/s. Shahin Gold.
State:Tamil Nadu
City:Coimbatore
Area:Kumarapalayam
Asset Category:Residential
Bank of India presents a SARFAESI auction for a residential flat in Kumarapalayam, Coimbatore, Tamil Nadu. The property, previously owned by M/s. Shahin Gold, will be auctioned on September 9, 2025, from 11:00 AM to 5:00 PM. The reserve price is ₹3,49,62,300, with an Earnest Money Deposit (EMD) of ₹34,96,230 required to participate. This is a prime opportunity to acquire a property in a well-known area through a secure bank auction process.
Borrower Name:M/s. Shahin Gold
Auction Type:SARFAESI Auction
Contact no:(0422) 2397221, 2383074