Land for auction 7 New Sub, Samalapuram, Coimbatore by BOI

Property for Auction in Samalapuram, Coimbatore, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Samalapuram, Coimbatore
Auction Date IconAuction Date:
14-08-2025 12:00 PM

Auction Details

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

Important Dates

Submission Date:13-08-2025 05:00 PM

Bid Start Date:14-08-2025 12:00 PM

Property Description

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

Auction Description

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

Contact Details

Mobile: 8369578740

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