Land for auction Samalapuram Coimbatore 2 Cr Canara Bank

Property for Auction in Samalapuram, Coimbatore, Tamil Nadu

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

Auction Details

Auction ID:597887

Bank Name:Canara Bank

Branch Name:Asset Recovery Management Branch

Reserve Price:1,60,20,000

EMD:16,02,000

Service Provider:BAANKNET

Important Dates

Submission Date:30-10-2025 11:00 AM

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

Property Description

This auction features a prime parcel of land located in Samalapuram, Coimbatore, Tamil Nadu. Situated in a developing area, this plot offers excellent potential for residential development. The land is being auctioned by Canara Bank as part of a SARFAESI action. Its strategic location provides accessibility and proximity to essential amenities. Ideal for investors or developers looking to capitalize on Coimbatore's growth. This is a valuable opportunity to acquire a significant land asset.

State:Tamil Nadu

City:Coimbatore

Area:Samalapuram

Asset Category:Residential

Auction Description

Canara Bank presents a SARFAESI auction for a valuable land parcel in Samalapuram, Coimbatore. The auction will take place on October 30, 2025, commencing at 11:30 AM and concluding at 12:30 PM. The reserve price for this residential land is set at INR 1,60,20,000, with an Earnest Money Deposit (EMD) of INR 16,02,000 required to participate. This auction is conducted under the SARFAESI Act, concerning the asset of M/s Niranjan Mills. Don't miss this opportunity to bid on this significant property.

Borrower Name:M/s Niranjan Mills

Auction Type:SARFAESI Auction

Contact Details

Contact Number:948+053584

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