Land for Auction Samalapuram Village Coimbatore 57.8 Lakh by Poonawalla Fincorp Limited 03 Jul 2026

Quick read

• ▸Possession: Physical
• ▸Area: 2620 sqft
• ▸Locality: Samalapuram Village
• ▸Reserve: ₹57,76,507
• ▸EMD: ₹5,77,651

About this property

Land bank auction in Samalapuram Village, Coimbatore by POONAWALLA FINCORP LIMITED — reserve price ₹57,76,507, 2620 sqft, Physical possession.

An excellent opportunity to acquire a bank auction property in Coimbatore! This 2620 sqft plot with a building is located at Door No 52(2), Ward No 12, Samalapuram Ratchagar Street, Samalapuram Village, Sulur Taluk. Offered by Poonawalla Fincorp Limited, this valuable land for sale in Coimbatore features physical possession. The e-auction is scheduled for July 3, 2026, from 11:00 AM to 04:00 PM, with a reserve price of ₹5,776,507 and EMD of ₹5,77,651. Property inspection is available on June 29, 2026. This plot with building for sale presents a promising investment in the growing Sulur Taluk area. Interested bidders should contact Mr. Biju Madathil for further details.

GeoSquare note: This 2620 sqft plot with a building in Samalapuram Village, Sulur Taluk, Coimbatore, offered by Poonawalla Fincorp Limited, presents a fair investment opportunity. With a reserve price of ₹57,76,507 and physical possession already taken by the bank, it offers a tangible asset. While the location in a village might not be considered a prime metropolitan spot, the presence of a building adds value. Due diligence regarding all statutory dues and encumbrances by the buyer is crucial for a secure acquisition.