Land and Building for Auction Thottipalayam Tiruppur 2.2 Crore by Indian Overseas Bank 18 Jun 2026
Thottipalayam, Tiruppur
Area: 6695 Sq. Ft
Door No.34/27 & 27A, Plot No. (S)27, G.S.No.668, T.S.No.334, Ward No. 7, Block No. 1, in the SIDCO's Industrial Complex, Harvey Road
Indian Overseas Bank · REGIONAL OFFICE COIMBATORE
Reserve price
₹2,15,30,000
EMD ₹21,53,000
Auction date
18 Jun 2026, 10:30 AM
Auction notice
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Quick read
- ▸Possession: Constructive
- ▸Area: 6695 Sq. Ft
- ▸Locality: Thottipalayam
- ▸Reserve: ₹2,15,30,000
- ▸EMD: ₹21,53,000
Auction snapshot
| Possession | Constructive |
| Property type | Land And Building · Residential |
| Locality | Thottipalayam |
| Built-up / plot area | 6695 Sq. Ft |
| Lender | Indian Overseas Bank |
| Branch | REGIONAL OFFICE COIMBATORE |
| Unit / flat no. | 34/27 & 27A |
| Building / society | SIDCO's Industrial Complex |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Thottipalayam, Tiruppur by Indian Overseas Bank — reserve price ₹2,15,30,000, 6695 Sq. Ft, Constructive possession.
Bank auction property for sale! This is a land and building located in Thottipalayam, Tiruppur. This industrial property is located at Door No.34/27 & 27A, Plot No. (S)27, within the SIDCO's Industrial Complex. The property has a total area of 6695 Sq. Ft. The e-auction is scheduled for 2026-06-18, with a reserve price of ₹21530000.0 and an EMD of ₹2153000.0. Don't miss this opportunity to acquire a valuable industrial property in a prime location through this bank auction.
GeoSquare note: The property is an industrial land and building in Thottipalayam, Tiruppur, with constructive possession. The reserve price is relatively high at ₹21530000.0. Given the constructive possession and industrial nature, it's a fair option for investors familiar with the local market and comfortable with potential challenges associated with constructive possession.
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