Property for Auction in Vadavalli, Coimbatore, Tamil Nadu
Auction ID:544866
Bank Name:Debts Recovery Tribunal
Branch Name:Coimbatore
Reserve Price:₹1,62,00,000
EMD:₹16,20,000
Service Provider:matex.net
Submission Date:19-08-2025 04:00 PM
Bid Start Date:20-08-2025 10:00 AM
A piece of land located in Vadavalli, Coimbatore, Tamil Nadu, is up for auction. This residential asset, formerly belonging to Mr. A. Ganeshan, is being auctioned by the Debts Recovery Tribunal. Vadavalli is a well-connected and growing locality within Coimbatore, offering potential for residential development. The property presents a valuable investment opportunity in a sought-after region. Buyers are encouraged to conduct their own due diligence regarding the land's specific features, zoning, and any encumbrances before participating in the auction.
State:Tamil Nadu
City:Coimbatore
Area:Vadavalli
Asset Category:Residential
Debts Recovery Tribunal (DRT) is conducting an auction for a land property in Vadavalli, Coimbatore, Tamil Nadu. This is a DRT Auction with a reserve price of ₹1,62,00,000 and an Earnest Money Deposit (EMD) of ₹16,20,000. The auction will take place on August 20, 2025, between 10:00 AM and 11:00 AM. This is a prime opportunity to acquire land in a developing area of Coimbatore. Interested parties are advised to review all auction terms and conditions. Contact the Debts Recovery Tribunal for further details.
Borrower Name:Mr. A. Ganeshan
Auction Type:DRT Auction
Mr. S. Palanivel AGM SARM Branch Gandhipuram Branch Coimbatore Mobile No : 7010844874 / Mr. Mukesh Kumar Manager SARM Branch Gandhipuram Branch Coimbatore Mobile No : 7890715331