Property for Auction in Thiruvenkatasamy Road, Coimbatore, Tamil Nadu
Auction ID:558753
Bank Name:Indian Bank
Branch Name:Stressed Assets Management Vertical
Reserve Price:₹44,00,000
EMD:₹4,40,000
Service Provider:BAANKNET
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:00 AM
This offering is a residential flat situated on Thiruvenkatasamy Road in Coimbatore, Tamil Nadu. The property, an asset under the SARFAESI Act, is being auctioned by Indian Bank. It represents a residential unit in a sought-after urban location. Further details regarding the specific amenities, built-up area, and exact location within Thiruvenkatasamy Road will be made available to interested bidders. The property is part of a recovery action concerning M/s.SCM Textiles.
State:Tamil Nadu
City:Coimbatore
Area:Thiruvenkatasamy Road
Asset Category:Residential
Indian Bank presents a SARFAESI auction for a residential flat located in Thiruvenkatasamy Road, Coimbatore, Tamil Nadu. The property is associated with borrower M/s.SCM Textiles. The auction will commence on August 30, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this attractive opportunity is INR 44,00,000, with an Earnest Money Deposit (EMD) of INR 4,40,000 required to participate. This auction offers a chance to acquire a property in a well-known area of Coimbatore.
Borrower Name:M/s.SCM Textiles
Auction Type:SARFAESI Auction
Contact:- 9442646501