Property for Auction in Pollachi Taluk, Coimbatore, Tamil Nadu
Auction ID:538929
Bank Name:IndusInd Bank
Branch Name:Chennai
Reserve Price:₹80,00,000
EMD:₹8,00,000
Service Provider:Public Auction
Submission Date:28-07-2025 04:00 PM
Bid Start Date:29-07-2025 12:00 PM
A vacant land parcel measuring 4860 sqft, divided into Plot Nos. 47 and 46 within the "MMG Colony" layout in Zamin Uthukulai Village, Pollachi Taluk, Coimbatore. The property is situated in S.F.No 55/1A. Plot 47 has dimensions of 55 feet (North-South on East) x 60 feet (North-South on West) x 40.5 feet (East-West on North) x 36 feet (East-West on South). Plot 46 has dimensions of 40 feet (North-South on East) x 40 feet (North-South on West) x 60.5 feet (East-West on North) x 60.5 feet (East-West on South). The property includes rights to use common roads.
State:Tamil Nadu
City:Coimbatore
Area:Pollachi Taluk
Asset Category:Residential
This is a SARFAESI auction conducted by IndusInd Bank for a land property located in Pollachi Taluk, Coimbatore, Tamil Nadu. The property is part of a layout called "MMG Colony" within S.F.No 55. Specifically, Plot Nos. 47 & 46 are being auctioned, totaling 4860 sqft of vacant site. The auction has a reserve price of 8,000,000.00 and an EMD of 800,000.00. The auction is scheduled for July 29, 2025, from 12:00 PM to 01:00 PM.
Borrower Name:M/s. Prabhu Oil Industries
Auction Type:SARFAESI Auction
Mr. T.Manikandan (Authorized Officer) Mobile No: 8248299576 Mr. Jansirao V (Bank Officer) Mobile No: 9964871110 Mrs. Anisha Preethi (Bank Officer) Mobile No: 9884017952