Land And Building for auction Periya Negamam Coimbatore 2 Cr Bank of India

This auction features a valuable Land and Building property located in Periya Negamam, Coimbatore, Tamil Nadu. Classified under the Residential asset category, this property is being auctioned by the Bank of India as part of a SARFAESI action. It presents a compelling opportunity for investment or development in a growing area. The property is offered with a reserve price of ₹1,62,65,700.00, with an Earnest Money Deposit (EMD) of ₹16,26,570.00 required to participate.

The Bank of India is conducting a SARFAESI auction for a Land and Building property in Periya Negamam, Coimbatore. The auction will commence on November 25, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this residential asset is set at ₹1,62,65,700.00. Prospective bidders must submit an Earnest Money Deposit (EMD) of ₹16,26,570.00. This auction offers a transparent and regulated process for acquiring the property previously associated with M/s. Easy Infra Inc.

The property presents a mixed opportunity, with land and buildings in a developing area. The price seems reasonable, but potential investors should conduct thorough due diligence to assess the market value and the viability of the fly ash unit. This is a calculated opportunity due to the combination of residential and industrial elements.