Property for Auction in Peelamedu, Coimbatore, Tamil Nadu
Auction ID:599817
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹67,76,000
EMD:₹6,77,600
Service Provider:BAANKNET
Submission Date:31-10-2025 11:00 AM
Bid Start Date:31-10-2025 11:30 AM
Prime residential land for sale by auction in Peelamedu, Coimbatore, Tamil Nadu. This valuable plot offers an excellent opportunity for development in a sought-after locality. Ideal for residential construction, this land is part of a bank auction conducted by Canara Bank.
State:Tamil Nadu
City:Coimbatore
Area:Peelamedu
Asset Category:Residential
Canara Bank is holding a SARFAESI auction for a residential land parcel in Peelamedu, Coimbatore. The bidding starts on 31-10-2025 at 11:30 AM and concludes at 12:30 PM on the same day. The reserve price is ₹67,76,000, with an Earnest Money Deposit (EMD) of ₹6,77,600 required to participate. This is a direct opportunity to acquire property through a secured asset auction.
Borrower Name:M/s. Swaagath Pump Industries
Auction Type:SARFAESI Auction
Contact Authorised Officer (Ph. No. 0422-2549459/2555655, Mob No: 94890 43584)