Land for auction Sq.Meter Pollachi, Coimbatore by Canara

A substantial plot of land situated in the desirable Pollachi area of Coimbatore, Tamil Nadu. This residential land parcel offers significant potential for development or investment. Located within a well-connected and developing region, the property benefits from the area's infrastructure and growth prospects. Suitable for a variety of residential or commercial applications, this land is being offered by Canara Bank through a SARFAESI auction. The property is being auctioned due to borrower default by M/s. Jaya Traders.

Canara Bank invites bids for a prime plot of land in Pollachi, Coimbatore, Tamil Nadu. This SARFAESI auction presents a unique opportunity to acquire a valuable asset. The reserve price is set at ₹1,10,86,000, with an Earnest Money Deposit (EMD) of ₹11,08,600 required to participate. The auction will be conducted online on September 8, 2025, commencing at 11:30 AM and concluding at 12:30 PM. This is a direct sale from the bank to resolve borrower default (M/s. Jaya Traders). Don't miss this chance to invest in a growing region.