Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:599833
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹30,78,000
EMD:₹3,07,800
Service Provider:BAANKNET
Important Dates
Submission Date:31-10-2025 11:00 AM
Bid Start Date:31-10-2025 11:30 AM
Property Description
This auction features a valuable land and building asset in Palladam Taluk, Coimbatore, Tamil Nadu. Situated in a prime location, this residential property offers significant potential for residential use or investment. The property is being auctioned by Canara Bank under SARFAESI Act. Don't miss this opportunity to acquire a promising real estate asset in a developing area.
State:Tamil Nadu
City:Coimbatore
Area:Palladam Taluk
Asset Category:Residential
Full Address:Site No 30, Galaxy Gardens, Karadivavi village, Palladam Taluk, Karadivavi, Coimbatore
Building/Society:Galaxy Gardens
Size:1500 Sq.ft.
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in Palladam Taluk, Coimbatore, Tamil Nadu. The auction will be held online on October 31, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹30,78,000, with an Earnest Money Deposit (EMD) of ₹3,07,800 required to participate. This is a fantastic chance to bid on a desirable property directly from the bank. Ensure all documentation is in order before participating.
Borrower Name:Smt.Indhurani.S
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This property presents a calculated opportunity due to its location in a developing area of Coimbatore and its relatively low reserve price. While the location may not be prime, the auction terms make it a potentially viable investment for those seeking long-term growth.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
