Land for auction Site No.10 M.K.Samy Nagar Coimbatore by Indian Overseas Bank

This offering presents a prime parcel of land located in the desirable Pannimadai area of Coimbatore, Tamil Nadu. As a residential asset, this plot offers significant potential for development. Situated in a developing region, it is an excellent opportunity for investors or individuals looking to build their dream home or a valuable real estate asset. The property is part of a SARFAESI auction conducted by Indian Overseas Bank, offering a direct acquisition opportunity.

Indian Overseas Bank is conducting a SARFAESI auction for a valuable land parcel in Pannimadai, Coimbatore, Tamil Nadu. The auction features a competitive reserve price of INR 44,65,000 and requires an Earnest Money Deposit (EMD) of INR 4,46,500. This is a unique opportunity to acquire a residential land asset directly from the bank. The auction will take place on 17-10-2025, commencing at 10:30 AM and concluding at 01:30 PM. Don't miss this chance to invest in Coimbatore's growing real estate market.