Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609053
Bank Name:Liquidation E-Auction
Branch Name:Registered Office
Reserve Price:₹18,99,000
EMD:₹1,90,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 12:00 Noon
Service Provider:ebkray
Important Dates
Submission Date:2025-11-28
Bid Start Date:2025-12-01
Property Description
This is a commercial property located in Mettupalayam, Coimbatore, Tamil Nadu. It is part of a liquidation e-auction. The property is being auctioned under the SARFAESI Act as part of the liquidation process for M/s. Shree Vaishno Devi Mills Private Limited.
State:Tamil Nadu
City:Coimbatore
Area:Mettupalayam
Asset Category:Commercial
Full Address:Survey No. 790/2, Mettupalayam to Sirumugai Road, Alangombu Village, Mettupalayam Taluk & Coimbatore District-641302, Mettupalayam, Coimbatore
Size:4021.50 sq.ft.
Auction Description
This is a liquidation e-auction for a commercial property in Mettupalayam, Coimbatore, Tamil Nadu. The auction will be conducted by Liquidation E-Auction. The reserve price is INR 18,99,000 and the Earnest Money Deposit (EMD) is INR 1,90,000. The auction will take place on December 1, 2025, from 11:00 AM to 12:00 PM.
Borrower Name:M/s. Shree Vaishno Devi Mills Private Limited (In Liquidation)
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a decent investment opportunity given its commercial land use in Mettupalayam, Coimbatore. While the reserve price seems reasonable, potential investors should carefully assess the location and intended usage. The auction terms, including the EMD and bid increment, are standard.
Contact Details
Branch:Branch Office : Registered Office
Service Provider:ebkray
Contact Details:
CA Mahalingam Suresh Kumar
Contact no:94888-10404
