Land for Auction Gandhi Nagar Madukkarai Coimbatore 2.8 Crore by Union Bank of India 28 Jul 2026
Gandhi Nagar, Madukkarai, Coimbatore
Area: 0.4725 acres
Door No. 3/703, Suiting Range Road, Gandhi Nagar, Madukkarai Village, Madukkarai Taluk, Coimbatore Registration District, Coimbatore
Union Bank of India · Tiruppur Branch
Reserve price
₹2,77,00,000
EMD ₹27,70,000
Auction date
28 Jul 2026, 12:00 PM
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Quick read
- ▸Possession: Constructive
- ▸Area: 0.4725 acres
- ▸Locality: Gandhi Nagar, Madukkarai
- ▸Reserve: ₹2,77,00,000
- ▸EMD: ₹27,70,000
Auction snapshot
| Possession | Constructive |
| Property type | Land · Residential |
| Locality | Gandhi Nagar, Madukkarai |
| Built-up / plot area | 0.4725 acres |
| Lender | Union Bank of India |
| Branch | Tiruppur Branch |
| Unit / flat no. | Door No. 3/703 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Gandhi Nagar, Madukkarai, Coimbatore by Union Bank of India — reserve price ₹2,77,00,000, 0.4725 acres, Constructive possession.
Discover a promising bank auction property: a 0.4725-acre land parcel featuring an RCC building, situated at Door No. 3/703, Suiting Range Road, Gandhi Nagar, Madukkarai, Coimbatore, Tamil Nadu. This prime plot, offered by Union Bank of India, presents an excellent investment opportunity in the developing Madukkarai area. The reserve price is ₹2,77,00,000.0, with an EMD of ₹2,770,000.0. The e-auction is scheduled for July 28, 2026, from 12:00 PM to 5:00 PM. While possession is constructive, this land for sale in Coimbatore with an existing structure holds significant potential for residential use or future development. Secure your chance to own this valuable real estate.
GeoSquare note: This property offers a significant land area with an existing RCC building in Madukkarai, Coimbatore, a growing region. The reserve price appears competitive for the location and size. While the constructive possession implies additional steps for physical handover, the presence of a building on a substantial plot makes it an attractive asset for long-term investment or immediate residential use. Overall, a strong acquisition opportunity for a discerning buyer.
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