Land for Auction Sri Saraswathi Nagar Madukkarai Village Coimbatore 1.8 Crore by Union Bank of India 28 Jul 2026

Quick read

• ▸Possession: Symbolic
• ▸Area: 7197 Sq.ft
• ▸Locality: Sri Saraswathi Nagar, Madukkarai Village
• ▸Reserve: ₹1,81,00,000
• ▸EMD: ₹18,10,000

About this property

Land bank auction in Sri Saraswathi Nagar, Madukkarai Village, Coimbatore by Union Bank of India — reserve price ₹1,81,00,000, 7197 Sq.ft, Symbolic possession.

Discover a prime 'bank auction property' in Coimbatore, Tamil Nadu. This 'vacant land for sale' is located in the well-planned 'Sri Saraswathi Nagar' layout within Madukkarai Municipality. The plot, comprising Site No.2 & 'T' Site, spans an impressive 7197 sq.ft (approximately 16 cents 227 sq.ft), offering significant potential for development. Situated north of Coimbatore Palakkad Main Road, the property benefits from common rights in usual pathways and layout roads. Union Bank of India is auctioning this 'land parcel' with a reserve price of ₹18,100,000. Interested buyers should note the 'constructive possession' status and prepare for the e-auction on 2026-07-28. This is a valuable opportunity for investors seeking 'residential plot for sale in Madukkarai' or 'land investment Coimbatore'.

GeoSquare note: This vacant land in Sri Saraswathi Nagar, Madukkarai, Coimbatore, presents a strong investment opportunity due to its good size (7197 Sq.ft) and location within a laid-out residential area. The 'bank auction property' status with a competitive reserve price and 'constructive possession' makes it an attractive option for developers or long-term investors. While due diligence on specific encumbrances is required, the overall potential for growth in Coimbatore suggests a high value.