Property for Auction in Samalapuram, Coimbatore, Tamil Nadu
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
Submission Date:30-10-2025 11:00 AM
Bid Start Date:30-10-2025 11:30 AM
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
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 Number:948+053584