Land for auction Peelamedu Coimbatore 87 lakh Federal Bank

Property for Auction in Peelamedu, Coimbatore, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Peelamedu, Coimbatore
Auction Date IconAuction Date:
30-10-2025 11:00 AM

Auction Details

Auction ID:587527

Bank Name:Federal Bank

Branch Name:LCRD – COIMBATORE DIVISION

Reserve Price:87,00,000

EMD:8,70,000

Service Provider:Public Auction

Important Dates

Submission Date:29-10-2025 05:00 PM

Bid Start Date:30-10-2025 11:00 AM

Property Description

A prime plot of land located in the highly sought-after area of Peelamedu, Coimbatore, Tamil Nadu. This valuable asset, categorized as Residential, offers significant development potential in a thriving urban locale. Situated within a well-connected and developing part of the city, this land is ideal for investors and developers looking to capitalize on Coimbatore's growth. The property is being auctioned by Federal Bank.

State:Tamil Nadu

City:Coimbatore

Area:Peelamedu

Asset Category:Residential

Auction Description

Federal Bank presents a SARFAESI auction for a valuable plot of land in Peelamedu, Coimbatore, Tamil Nadu. The auction will commence on October 30, 2025, at 11:00 AM and conclude at 1:00 PM on the same day. The reserve price for this prime residential land is INR 87,00,000, with an Earnest Money Deposit (EMD) of INR 8,70,000 required. This is an excellent opportunity to acquire a significant land parcel in a rapidly developing area of Coimbatore.

Borrower Name:Raghav Industries Limited

Auction Type:SARFAESI Auction

Contact Details

Ph No ; 0422-2302992, 2399740

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