Land for auction Site No. 24 Salivan Street, Komarapalayam, Coimbatore by Canara

This auction features a parcel of land located in Komarapalayam, a notable area within Coimbatore, Tamil Nadu. The property is classified under the residential asset category. The land is being auctioned by Canara Bank under SARFAESI proceedings, with M/s Gokul Fabrics as the borrower. This is a vacant land parcel, ideal for various development purposes. The location offers potential for growth and accessibility within the Coimbatore region. Detailed property inspection and legal due diligence are recommended for all prospective bidders before participating in the auction.

Canara Bank presents a SARFAESI auction for land in Komarapalayam, Coimbatore, Tamil Nadu. The property belongs to M/s Gokul Fabrics and has a reserve price of INR 25,866,000 with an Earnest Money Deposit (EMD) of INR 2,586,600. This is a prime opportunity to acquire land in a developing area. The auction will be held on August 21, 2025, starting at 11:30 AM and concluding at 12:30 PM. Interested parties are advised to review all auction terms and conditions prior to bidding. Don't miss this chance to invest in Coimbatore's real estate market.