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
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Periyanaickenpalayam |
| Built-up / plot area | 3624 Square Feet |
| Lender | Cholamandalam Investment And Finance Company Limited |
| Branch | Chennai |
| Unit / flat no. | 58 |
| Building / society | Sri Senthur Namachivaya Nagar |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,00,000 |
| Service provider | bankauctions.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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