Land for auction 1 Meenakshi Nagar, Kumarapalayam, Coimbatore by BOI

Property for Auction in Kumarapalayam, Coimbatore, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Kumarapalayam, Coimbatore
Auction Date IconAuction Date:
25-03-2025 11:00 AM

Auction Details

Auction ID:471497

Bank Name:Bank of India

Branch Name:RECOVERY DEPARTMENT: COIMBATORE ZONAL OFFICE

Reserve Price:3,88,47,000

EMD:38,84,700

Service Provider:BAANKNET

Important Dates

Submission Date:24-03-2025 05:00 PM

Bid Start Date:25-03-2025 11:00 AM

Property Description

The property consists of five residential units (Flats G-1, S-1, S-2, F-1, F-2) in the 'Vijayalakshmi Apartment' building, located in 'Meenakshi Nagar', Kumarapalayam, Coimbatore, Tamil Nadu. These units are situated on land plotted in SF No. 562 and 563, approved by the Director of Town and Country Planning. Each unit has a super built-up area of 1228 Sq. Ft., with boundaries detailed in the respective schedules. The properties are within the Coimbatore Municipal Corporation limits and are owned by Mr. Shaikh Khushbahar and Mrs. S. Shaikh Shabnam. The property type is listed as Land, with an asset category of Residential.

State:Tamil Nadu

City:Coimbatore

Area:Kumarapalayam

Asset Category:Residential

Auction Description

This is a SARFAESI Auction conducted by the Bank of India for properties located in Kumarapalayam, Coimbatore, Tamil Nadu. The auction includes multiple residential units within the 'Vijayalakshmi Apartment' building, situated in 'Meenakshi Nagar'. The properties are identified by Flat Nos. G-1, S-1, S-2, F-1, and F-2. Each unit comes with a super built-up area of 1228 Sq. Ft., along with car parking and proportionate shares in common areas. The land parcel for these units is located in SF No. 562 and 563. The auction has a reserve price of 38,847,000.00 and an EMD of 3,884,700.00. The auction is scheduled for March 25, 2025, from 11:00 AM to 5:00 PM. The borrower is M/s. Shahin Gold. The contact details for the Recovery Department in Coimbatore are (0422) 2397221, 2383074.

Borrower Name:M/s.Shahin Gold

Auction Type:SARFAESI Auction

Contact Details

Contact no:(0422) 2397221, 2383074

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