Property for Auction in Peelamedu, Coimbatore, Tamil Nadu
Auction ID:575454
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹81,00,000
EMD:₹8,10,000
Service Provider:BAANKNET
Submission Date:29-09-2025 05:00 PM
Bid Start Date:30-09-2025 11:30 AM
Prime residential land located in the sought-after area of Peelamedu, Coimbatore, Tamil Nadu. This asset, previously owned by M/s. Sri Sathya Sai Foundary, presents a significant opportunity for development or investment in a rapidly growing urban center. The property is situated in a well-established neighborhood with excellent connectivity and access to essential amenities.
State:Tamil Nadu
City:Coimbatore
Area:Peelamedu
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a valuable plot of land in Peelamedu, Coimbatore. The auction, scheduled for September 30, 2025, will take place between 11:30 AM and 12:30 PM. The reserve price for this land is ₹81,00,000, with an Earnest Money Deposit (EMD) of ₹8,10,000 required. This is a unique chance to acquire property in a desirable location through a transparent bank auction process.
Borrower Name:M/s. Sri Sathya Sai Foundary
Auction Type:SARFAESI Auction
Contact (Ph. No. 0422-2555655, Mob No: 94890 43584)