Land and Building for Auction Saleevan Street Coimbatore 1.5 Crore by Punjab National Bank 07 Jul 2026

Quick read

• ▸Possession: Physical
• ▸Area: 2697 Sq.ft
• ▸Locality: Saleevan Street
• ▸Reserve: ₹1,49,60,000
• ▸EMD: ₹14,96,000

About this property

Land And Building bank auction in Saleevan Street, Coimbatore by Punjab National Bank — reserve price ₹1,49,60,000, 2697 Sq.ft, Physical possession.

Discover a compelling bank auction property in Coimbatore: a residential land and building in the vibrant Saleevan Street. This property, spanning 2697 Sq.ft (as per Deed), boasts physical possession and features New Door No. 73. It comes with regular pathway rights, multiple EB service connections (e.g., 003-001-825, 003-001-2307), and a water tap connection (No. 120035). Offered by Punjab National Bank, the e-auction is scheduled for July 7, 2026, from 11:00 AM to 04:00 PM, with a competitive reserve price of ₹1,49,60,000 and an EMD of ₹14,96,000. This prime 'Coimbatore property for sale' represents an excellent 'investment opportunity' for those seeking a developed plot under the SARFAESI Act auction.

GeoSquare note: This property is a strong buy, primarily due to its physical possession status, which significantly reduces acquisition risks. Located in Saleevan Street, Coimbatore, a well-established area, it offers a land and building combination suitable for residential use. The reserve price of ₹1.49 Cr appears competitive for a property of this size (2697 Sq.ft) in Coimbatore, making it an attractive investment opportunity.