Representative illustration — Land And Building bank auction in Perianaickenpalayam
Representative illustration — not the actual property photograph.
Land And Building Residential Symbolic possession Fair Option

Land and Building for Auction Perianaickenpalayam Coimbatore 55.9 Lakh by Idfc First Bank Ltd 16 Jun 2026

Perianaickenpalayam, Coimbatore

Area: 2400 Sq. feet

In Coimbatore Registration District, Perianaickenpalayam Sub-Registration District, Coimbatore North Taluk, in No. 4 VEERA-PANDI Village, an extent of 4.68 Acres in S.F Nos. 374/B1, 374/B3, 375/1, 1377/B2C, 565/4, and 565/6A2. In this Site No. 7 in Block A

IDFC First Bank Ltd · Chetpet, Chennai

Reserve price

₹55,89,818

EMD ₹5,58,981

Auction date

16 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 2400 Sq. feet
  • Locality: Perianaickenpalayam
  • Reserve: ₹55,89,818
  • EMD: ₹5,58,981

Auction snapshot

PossessionSymbolic
Property typeLand And Building · Residential
LocalityPerianaickenpalayam
Built-up / plot area2400 Sq. feet
LenderIDFC First Bank Ltd
BranchChetpet, Chennai
Unit / flat no.Site No. 7 in Block A
Auction typeSARFAESI Auction
Service providerPublic Auction

About this property

Land And Building bank auction in Perianaickenpalayam, Coimbatore by IDFC First Bank Ltd — reserve price ₹55,89,818, 2400 Sq. feet, Symbolic possession.

Bank auction property in Coimbatore! Seize this opportunity to acquire a land and building in the prime location of Perianaickenpalayam. The property spans 2400 sq. ft. and is situated within a developed layout. The e-auction is scheduled for June 16, 2026, with a reserve price of ₹5589818.91 and an EMD of ₹558981.89. Don't miss out on this potential investment. Contact IDFC FIRST Bank for more details and inspection dates.

GeoSquare note: This property presents a fair investment opportunity due to its location in Coimbatore and the availability of both land and a building. The reserve price is moderate, and the symbolic possession status indicates potential legal processes. While the location is promising, further due diligence is recommended to assess the property's market value and future growth potential.

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