Property for Auction in Ganapathy, Coimbatore, Tamil Nadu
Auction ID:555922
Bank Name:State Bank of India
Branch Name:STRESSED ASSETS RECOVERY BRANCH, COIMBATORE
Reserve Price:₹86,00,000
EMD:₹8,60,000
Service Provider:ebkray
Submission Date:27-08-2025 05:00 PM
Bid Start Date:28-08-2025 11:00 AM
This is a residential house located in the well-connected area of Ganapathy, Coimbatore, Tamil Nadu. The property, previously mortgaged with the State Bank of India by Mr. Navaneethan, is being offered through a SARFAESI auction. Ganapathy is a popular locality in Coimbatore, offering good connectivity and access to essential amenities. This auction presents a chance to purchase a house in a prime location.
State:Tamil Nadu
City:Coimbatore
Area:Ganapathy
Asset Category:Residential
State Bank of India presents a SARFAESI auction for a residential house in Ganapathy, Coimbatore, Tamil Nadu. The auction is scheduled for August 28, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹86,00,000, with an Earnest Money Deposit (EMD) of ₹8,60,000 required. This is an opportunity to acquire a property previously owned by Mr. Navaneethan. Interested bidders are advised to review all auction terms and conditions on the bank's official portal.
Borrower Name:Mr.Navaneethan
Auction Type:SARFAESI Auction
Authorised Officer: R.Rajagopalan Mobile No : 9004578960 / City case officer: X.Kayalvizhi Mobile No : 9342497017