Property for Auction in Samalapuram, Coimbatore, Tamil Nadu
Auction ID:548279
Bank Name:Union Bank of India
Branch Name:Asset Recovery Branch
Reserve Price:₹46,17,000
EMD:₹4,61,700
Service Provider:BAANKNET
Submission Date:13-08-2025 05:00 PM
Bid Start Date:14-08-2025 12:00 PM
This auction features a parcel of land situated in Samalapuram, a developing area within Coimbatore, Tamil Nadu. Classified under the residential asset category, this property offers potential for various developments. The land is being auctioned by Union Bank of India under the SARFAESI Act. Located in the vibrant city of Coimbatore, known for its industrial and educational significance, this land presents a valuable acquisition opportunity. Further details regarding the exact location, dimensions, and any encumbrances can be obtained from the official auction notice.
State:Tamil Nadu
City:Coimbatore
Area:Samalapuram
Asset Category:Residential
Union Bank of India presents a SARFAESI auction for land located in Samalapuram, Coimbatore, Tamil Nadu. The auction will be held on August 14, 2025, from 12:00 PM to 5:00 PM. The reserve price for this residential land is ₹46,17,000, with an Earnest Money Deposit (EMD) of ₹4,61,700. This is an opportunity to acquire land in a well-connected area of Coimbatore. Interested bidders are advised to review all auction terms and conditions on the bank's official portal prior to the auction date. Don't miss this chance to invest.
Borrower Name:M/s. Praveen Textile
Auction Type:SARFAESI Auction
Mobile: 8369578740