Property for Auction in Peelamedu, Coimbatore, Tamil Nadu
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
Submission Date:29-10-2025 05:00 PM
Bid Start Date:30-10-2025 11:00 AM
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
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
Ph No ; 0422-2302992, 2399740