Property for Auction in Peelamedu, Coimbatore, Tamil Nadu
Auction ID:553686
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹89,00,000
EMD:₹8,90,000
Service Provider:BAANKNET
Submission Date:19-08-2025 11:00 AM
Bid Start Date:19-08-2025 11:30 AM
A parcel of land located in Peelamedu, Coimbatore, Tamil Nadu. This residential asset is being auctioned by Canara Bank. The property is situated in a well-developed area of Coimbatore, offering potential for various development opportunities. The exact dimensions and boundaries will be detailed in the auction documents. Ideal for investors or developers looking to enter the Coimbatore real estate market.
State:Tamil Nadu
City:Coimbatore
Area:Peelamedu
Asset Category:Residential
Canara Bank presents a SARFAESI auction for land in Peelamedu, Coimbatore, Tamil Nadu. This is a prime opportunity to acquire property in a sought-after location. The auction will be held on August 19, 2025, from 11:30 AM to 12:30 PM. The reserve price is set at ₹89,00,000, with an Earnest Money Deposit (EMD) of ₹8,90,000 required to participate. This auction is conducted under the SARFAESI Act for the property associated with M/s. Sri Sathya Sai Foundary.
Borrower Name:M/s. Sri Sathya Sai Foundary
Auction Type:SARFAESI Auction
Contact no:0422-2549459/2555655