Land for auction 1 Kalapatti, Coimbatore by Canara Bank

The property is a parcel of land located in Kalapatti, Coimbatore, Tamil Nadu. Classified as residential land, it offers a prime location within the developing city of Coimbatore. Situated in the Kalapatti area, known for its accessibility and growing infrastructure, this land presents a valuable investment opportunity. It is being auctioned by Canara Bank due to loan default by the borrower, Mr. Dhanabal Srinivasan. The property is suitable for various residential development purposes.

This is a SARFAESI auction by Canara Bank for a residential land parcel in Kalapatti, Coimbatore, Tamil Nadu. The auction will take place on August 8, 2025, from 11:30 AM to 12:30 PM. The reserve price is ₹54,00,000, with an Earnest Money Deposit (EMD) of ₹5,40,000 required to participate. This is a significant opportunity to acquire land in a well-connected area. Interested bidders should ensure they have the necessary documentation and funds ready for the auction.