Land for auction Singanallur Coimbatore 2 Cr U GRO CAPITAL LIMITED

This is a prime land parcel located in the well-developed area of Singanallur, Coimbatore, Tamil Nadu. The property is categorized as residential, offering excellent potential for development. It is part of a SARFAESI auction conducted by U GRO CAPITAL LIMITED, providing a unique opportunity for investors and developers to acquire valuable real estate in a sought-after location.

U GRO CAPITAL LIMITED is conducting a SARFAESI auction for a residential land parcel in Singanallur, Coimbatore, Tamil Nadu. The auction is scheduled for December 9, 2025, with bidding open from 11:00 AM to 01:00 PM. The reserve price is ₹2,15,00,000, and the Earnest Money Deposit (EMD) is ₹21,50,000. This is a significant opportunity to acquire a land asset with potential for residential development.

The property's location in Coimbatore, coupled with the presence of both a tile house and an RCC building, makes it a potentially valuable asset. The reserve price appears reasonable for the area, and the auction terms are standard, suggesting a good investment opportunity. However, further due diligence regarding the property's condition and local market trends is advised.