Representative illustration — Land bank auction in Masagoundenchettipalayam Village, Annur Taluk
Representative illustration — not the actual property photograph.
Land Residential Constructive possession Strong Buy

Land for Auction Masagoundenchettipalayam Village Annur Taluk Coimbatore 1.1 Crore by Indian Overseas Bank 09 Jul 2026

Masagoundenchettipalayam Village, Annur Taluk, Coimbatore

Area: 1900 Sq.ft

Site No. 172, P & K SAI GREENS CITY, Masagoundenchettipalayam Village, Annur Taluk, Coimbatore-641 107

Indian Overseas Bank · REGIONAL OFFICE COIMBATORE

Reserve price

₹1,08,13,000

EMD ₹10,81,300

Auction date

09 Jul 2026, 10:30 AM

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Quick read

  • Possession: Constructive
  • Area: 1900 Sq.ft
  • Locality: Masagoundenchettipalayam Village, Annur Taluk
  • Reserve: ₹1,08,13,000
  • EMD: ₹10,81,300

Auction snapshot

PossessionConstructive
Property typeLand · Residential
LocalityMasagoundenchettipalayam Village, Annur Taluk
Built-up / plot area1900 Sq.ft
LenderIndian Overseas Bank
BranchREGIONAL OFFICE COIMBATORE
Unit / flat no.Site No. 172
Building / societyP & K SAI GREENS CITY
FloorGround Floor + 3 Floors (Incomplete Building)
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Land bank auction in Masagoundenchettipalayam Village, Annur Taluk, Coimbatore by Indian Overseas Bank — reserve price ₹1,08,13,000, 1900 Sq.ft, Constructive possession.

Discover a valuable bank auction property: a residential land parcel spanning 1900 sq.ft, featuring an incomplete GF+3 floor building, located at Site No. 172 within the DTCP approved 'P & K SAI GREENS CITY' layout. This prime property is situated in Masagoundenchettipalayam Village, Annur Taluk, Coimbatore-641 107, making it an excellent investment opportunity in Tamil Nadu. Offered by Indian Overseas Bank under constructive possession, the e-auction for this residential property has a reserve price of ₹10,813,000.0 and an EMD of ₹1,081,300.0. The auction is scheduled for July 9, 2026, from 10:30 AM to 01:30 PM. Don't miss this chance to acquire a residential land for sale in a growing area of Coimbatore.

GeoSquare note: This property presents a strong investment opportunity due to its nature as a residential plot with an incomplete building within a DTCP-approved layout. Its location in Annur, part of the major city Coimbatore, offers significant growth potential and good connectivity. The listed reserve price appears competitive for a property of this size and type in the region, and the constructive possession status provides a clear acquisition path for potential bidders.

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