Representative illustration — Flat bank auction in Peelamedu
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Prime Investment

Flat for Auction Peelamedu Coimbatore 53.9 Lakh by Canara Bank 30 Jun 2026

Peelamedu, Coimbatore

Area: 1415 Sq.ft

Flat No. C-202, Elysium Vistara Apartment, Ramasamy Layout, Krishnarayapuram Village, Peelamedu Sub Registration District, Coimbatore North Taluk, Coimbatore Corporation Limits, Coimbatore, Tamil Nadu

Canara Bank · ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE

Reserve price

₹53,86,000

EMD ₹5,38,600

Auction date

30 Jun 2026, 11:30 AM

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Quick read

  • Possession: Physical
  • Area: 1415 Sq.ft
  • Locality: Peelamedu
  • Reserve: ₹53,86,000
  • EMD: ₹5,38,600

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityPeelamedu
Built-up / plot area1415 Sq.ft
LenderCanara Bank
BranchASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Unit / flat no.C-202
Building / societyElysium Vistara
FloorSecond Floor
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Flat bank auction in Peelamedu, Coimbatore by Canara Bank — reserve price ₹53,86,000, 1415 Sq.ft, Physical possession.

Secure a prime residential bank auction property in Coimbatore with Canara Bank's e-auction. This offering features a 1415 sq.ft flat, Flat No. C-202, located on the Second Floor of 'Elysium Vistara' Apartment in the well-regarded Peelamedu area. Boasting physical possession, this property provides an excellent opportunity for home buyers or investors. The reserve price is set at ₹53,86,000 with an EMD of ₹5,38,600. Interested bidders can inspect the property on June 29, 2026, ahead of the e-auction on June 30, 2026. This is a highly attractive bank auction property for sale in Coimbatore, offering modern amenities like wardrobes, modular kitchen, and a separate car-porch. The total extent for the associated land parcels is 10368 Sq.ft. Don't miss this chance to acquire a valuable property in a prime location.

GeoSquare note: This property offers a desirable 1415 sq.ft flat in the 'Elysium Vistara' Apartment, located in Peelamedu, Coimbatore, a well-regarded area. With physical possession confirmed and a competitive reserve price of ₹53.86 Lakhs, it presents a strong investment opportunity. The inclusion of a common undivided share of land and clear auction details further enhances its appeal, making it a highly recommended acquisition for potential buyers.

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