Land for auction 148 Soft of land with building, Coimbatore, Coimbatore by Canara

Discover a promising real estate opportunity located at Patel Road, within the vibrant Coimbatore Municipal Corporation in Tamil Nadu. This property, classified as Land and Building, offers a unique chance to acquire an asset in a well-established urban setting. The plot measures 1 Cent with a built-up area of 375.50 sq ft, featuring new door numbers 148 and 149 (old door no 15/283/80). Its strategic location on Patel Road ensures excellent connectivity and access to the city's amenities, including educational institutions, healthcare facilities, and commercial hubs. As a residential asset, it holds significant potential for personal use or as an investment. The property also includes all associated improvements and easementary rights, ensuring clear title and usability. Situated in TS Ne 9/425/2A, this land and building parcel represents a chance to invest in Coimbatore's growing real estate market, benefiting from its robust infrastructure and economic activity. This property is owned by Smt Nitnya, W/o Kannan K and was formerly associated with M/s. Vaigal Construction.

This auction presents a compelling opportunity for aspiring homeowners and investors seeking property in Coimbatore, Tamil Nadu. The auction is being conducted by Canara Bank under the SARFAESI Act, a transparent and regulated process designed to facilitate the sale of distressed assets. The property, a Land and Building, is located on Patel Road within the Coimbatore Municipal Corporation, a highly sought-after area known for its accessibility and infrastructure. The bidding will commence with a reserve price of INR 3,375,000, with an Earnest Money Deposit (EMD) of INR 337,500 required to participate. The auction is scheduled to take place on July 31, 2025, with bidding open from 11:30 AM to 12:30 PM. Prospective buyers are encouraged to submit their applications by July 30, 2025, at 5:00 PM. This is an excellent chance to acquire a property in a prime location, offering potential for both residential living and future appreciation. For further inquiries, interested parties can contact 9188406941.