Property for Auction in Peelamedu, Coimbatore, Tamil Nadu
Auction ID:444356
Bank Name:Bank of India
Branch Name:RECOVERY DEPARTMENT: COIMBATORE ZONAL OFFICE
Reserve Price:₹62,84,500
EMD:₹6,28,450
Service Provider:BAANKNET
Submission Date:24-02-2025 05:00 PM
Bid Start Date:25-02-2025 11:00 AM
The property is a plot of land with a building, measuring 1320 Sq. Ft (3 cents and 12 Sq. Ft), located in Peelamedu, Coimbatore. It is part of the 'SUSILA NAGAR' layout, approved vide LP/DTP No. 101/1990. The specific site is the eastern half of site No.4 within S.F.No 234/1. The dimensions are 30' on the east and west sides, and 42' on the north and 46' on the west sides. The property includes rights to common roads and other customary rights. The borrower is Mr. Mohanasundaram N. The asset category is Residential.
State:Tamil Nadu
City:Coimbatore
Area:Peelamedu
Asset Category:Residential
This auction involves the sale of land and a building located in Peelamedu, Coimbatore, Tamil Nadu. The property is part of a layout approved in 1990 and measures 1320 Sq. Ft. It is situated on S.F.No 234/1 and is the eastern half of site No.4. The property is bordered by a 23' layout road to the south, a shop site to the west, land in S.F.No.225 to the north, and the western half of site No.4 to the east. The auction is being conducted by the Bank of India, with a reserve price of INR 6,284,500.00 and an Earnest Money Deposit (EMD) of INR 628,450.00. The auction will take place on February 25, 2025, from 11:00 AM to 5:00 PM.
Borrower Name:Mr.Mohanasundaram N
Auction Type:SARFAESI Auction
Contact Ph:(0422) 2397221, 2383074