Land for auction 2 Madukkarai Villa, Madukkaral, Coimbatore by Indian Overseas Bank

Property for Auction in Madukkaral Taluk, Coimbatore, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Madukkaral Taluk, Coimbatore
Auction Date IconAuction Date:
18-03-2025 10:30 AM

Auction Details

Auction ID:451663

Bank Name:Indian Overseas Bank

Branch Name:REGIONAL OFFICE COIMBATORE

Reserve Price:23,56,000

EMD:2,35,600

Service Provider:BAANKNET

Important Dates

Submission Date:17-03-2025 05:00 PM

Bid Start Date:18-03-2025 10:30 AM

Property Description

The property is a plot of land measuring 1800 sq ft (4 cents and 57.6 Sq.ft) located at Site No: 38, S.F.No.404,405/1,406 Palathurai Road, Madukkarai Municipality, Madukkarai Taluk, Coimbatore District-641105. It is situated within the limits of Madukkarai Town Panchayat. The boundaries are North: 30 feet wide East-West Road, South: Site No: 2, East: Site No: 39, West: Site No: 37. The property includes rights to use layout roads. This land is part of a larger development approved by the Coimbatore Director of Town Planning and Country Planning.

State:Tamil Nadu

City:Coimbatore

Area:Madukkaral Taluk

Asset Category:Residential

Auction Description

This is a SARFAESI auction conducted by Indian Overseas Bank for a piece of land in Madukkaral Taluk, Coimbatore, Tamil Nadu. The property is located at Site No: 38, S.F.No.404,405/1,406 Palathurai Road, Madukkarai Municipality, Madukkarai Taluk, Coimbatore District-641105. The land, measuring 1800 square feet (approximately 4.57 cents), is part of a larger layout approved in 1987. The reserve price is INR 23,56,000 with an EMD of INR 2,35,600. The auction is scheduled for March 18, 2025, from 10:30 AM to 1:30 PM. Applications must be submitted by March 17, 2025, 05:00 PM.

Borrower Name:M/s Shree VendraVikas Enterprises

Auction Type:SARFAESI Auction

Contact Details

Authorised Officer: Branch Manager Contact No: 8925951470

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