Property for Auction in Peelamedu, Coimbatore, Tamil Nadu
Auction ID:553685
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹81,00,000
EMD:₹8,10,000
Service Provider:BAANKNET
Submission Date:19-08-2025 11:00 AM
Bid Start Date:19-08-2025 11:30 AM
This listing is for a parcel of land located in Peelamedu, a well-developed area in Coimbatore, Tamil Nadu. The property is categorized as residential and is being auctioned by Canara Bank under SARFAESI Act. Situated in a desirable locale, this land offers potential for various development opportunities. The borrower for this asset was M/s. Sri Sathya Sai Foundary. The property is a valuable asset in a sought-after region, presenting a good investment prospect.
State:Tamil Nadu
City:Coimbatore
Area:Peelamedu
Asset Category:Residential
Canara Bank presents a SARFAESI auction for land in Peelamedu, Coimbatore, Tamil Nadu. The property is offered with a reserve price of ₹81,00,000 and an Earnest Money Deposit (EMD) of ₹8,10,000. This is a unique opportunity to acquire land in a prime location. The auction will be conducted online on August 19, 2025, starting at 11:30 AM and concluding at 12:30 PM. Don't miss this chance to invest in Coimbatore's growing real estate market. For further details and participation, please refer to the official auction notice.
Borrower Name:M/s. Sri Sathya Sai Foundary
Auction Type:SARFAESI Auction
Contact no:0422-2549459/2555655