Property for Auction in Thondamuthur, Coimbatore, Tamil Nadu
Auction ID:560540
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹15,00,000
EMD:₹1,50,000
Service Provider:BAANKNET
Submission Date:30-08-2025 11:00 AM
Bid Start Date:30-08-2025 11:30 AM
This offering consists of a Land And Building property situated in Thondamuthur, a sought-after area in Coimbatore, Tamil Nadu. The asset, categorized as Residential, presents a solid investment prospect. The property's location offers accessibility and potential for appreciation. It is part of a SARFAESI auction conducted by Canara Bank, presenting a direct acquisition opportunity. The plot includes both land and a building structure, details of which can be obtained from the bank. This property is ideal for those looking to develop or reside in a growing locale.
State:Tamil Nadu
City:Coimbatore
Area:Thondamuthur
Asset Category:Residential
Canara Bank invites bids for a SARFAESI auction of a prime property in Thondamuthur, Coimbatore, Tamil Nadu. This is a unique opportunity to acquire land and a building, formerly held by M/s. ATIC INDUSTRIES. The auction will take place on August 30, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price is set at ₹15,00,000, with an Earnest Money Deposit (EMD) of ₹1,50,000 required to participate. Don't miss this chance to invest in a developing area.
Borrower Name:M/s. ATIC INDUSTRIES
Auction Type:SARFAESI Auction
Contact Branch, Coimbatore (Ph. No. 0422-2549459/2555655, Mob No: 94890 43584) E-mail: cb4712@canarabank.com