Land for auction H2 West-116, Peelamedu, Coimbatore by Canara

Property for Auction in Peelamedu, Coimbatore, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Peelamedu, Coimbatore
Auction Date IconAuction Date:
19-08-2025 11:30 AM

Auction Details

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

Important Dates

Submission Date:19-08-2025 11:00 AM

Bid Start Date:19-08-2025 11:30 AM

Property Description

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

Auction Description

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 Details

Contact no:0422-2549459/2555655

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