Representative illustration — Land bank auction in Periyanaickenpalayam
Representative illustration — not the actual property photograph.
Land Residential Symbolic possession Fair Option

Land for Auction Periyanaickenpalayam Coimbatore 1.6 Crore by Cholamandalam Investment and Finance Company Limited 12 Jun 2026

Periyanaickenpalayam, Coimbatore

Area: 3624 Square Feet

Site No.58, Sri Senthur Namachivaya Nagar, Sarkar Samakulam

Cholamandalam Investment And Finance Company Limited · Chennai

Reserve price

₹1,65,00,000

EMD ₹16,50,000

Auction date

12 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 3624 Square Feet
  • Locality: Periyanaickenpalayam
  • Reserve: ₹1,65,00,000
  • EMD: ₹16,50,000

Auction snapshot

PossessionSymbolic
Property typeLand · Residential
LocalityPeriyanaickenpalayam
Built-up / plot area3624 Square Feet
LenderCholamandalam Investment And Finance Company Limited
BranchChennai
Unit / flat no.58
Building / societySri Senthur Namachivaya Nagar
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerbankauctions.in

About this property

Land bank auction in Periyanaickenpalayam, Coimbatore by Cholamandalam Investment And Finance Company Limited — reserve price ₹1,65,00,000, 3624 Square Feet, Symbolic possession.

Bank auction property in Periyanaickenpalayam, Coimbatore! This land parcel, located in the layout named 'Sri Senthur Namachivaya Nagar,' offers a fantastic investment opportunity. The auction features a plot measuring 3,624 square feet, complete with an RCC terraced building. Situated in a prime location with well-defined boundaries, this property is available at a reserve price of ₹16,500,000. E-auction scheduled for June 12, 2026. Don't miss this chance to acquire a valuable asset in Coimbatore! Visit bankauctions.in for more details.

GeoSquare note: This land parcel in Periyanaickenpalayam, Coimbatore, offers potential but comes with a symbolic possession status, which may require additional legal procedures. The reserve price of ₹16,500,000 is reasonable, given the property's size and location. Investors should carefully evaluate the encumbrance details and legal aspects before bidding.

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