Land for auction - Vadavalli Villa, Vadavalli, Coimbatore by BOI

Property for Auction in Vadavalli, Coimbatore, Tamil Nadu

Property Type IconProperty Type:
Land
Location IconLocation:
Vadavalli, Coimbatore
Auction Date IconAuction Date:
11-03-2025 12:00 PM

Auction Details

Auction ID:459809

Bank Name:Union Bank of India

Branch Name:OPPANAKARA STREET BRANCH-33450

Reserve Price:27,00,000

EMD:2,70,000

Service Provider:BAANKNET

Important Dates

Submission Date:10-03-2025 05:00 PM

Bid Start Date:11-03-2025 12:00 PM

Property Description

The property is a piece of land measuring 0.47 acres or 4387 sq.ft. (10 cents and 31 sq.ft.) situated in Vadavalli Village, Vadavalli Sub Registration District, Coimbatore Registration District, within S.F.No. 163/2. The boundaries are: North - 15 feet wide East West Road, South - S.F.No. 163/1, East - Property belonging to Rajendran and Baby, West - Property belonging to Rajendran and Baby. Specific measurements include East West on the South: 45 feet, East West on the North: 45 feet, North South on the West: 98 feet, North South on the East: 97 feet. The property includes 'B' SCHEDULE: 548.375 Square Feet or 50.95 Sq. Meters, representing a 1/8th common undivided share of the land measuring 4387 sq.ft. from Schedule A. It also includes 'C' SCHEDULE: Ground Floor with a built-up area of 811 Square Feet (Portico and Staircase) along with the building, doors, windows, electrical and water connections, and all other appurtenances. The property comes with the right to use all common pathways and is located within the Coimbatore Municipal Corporation limits. The property is categorized as Residential and is in the name of Mr.Manikandan.S.

State:Tamil Nadu

City:Coimbatore

Area:Vadavalli

Asset Category:Residential

Auction Description

This is a SARFAESI auction for a piece of land located in Vadavalli, Coimbatore, Tamil Nadu, by the Union Bank of India. The property is an extent of 0.47 acres (4387 sq.ft. or 10 cents and 31 sq.ft.) within Survey Field No. 163/2. It is bounded by a 15 feet wide East West Road to the north, S.F.No. 163/1 to the south, and property belonging to Rajendran and Baby to the east and west. The property also includes a 1/8th undivided share (548.375 sq.ft.) of the land mentioned above and a ground floor with a built-up area of 811 sq.ft. (portico and staircase) with all appurtenances. The property is within Coimbatore Municipal Corporation limits and is in the name of Mr. Manikandan.S. The reserve price is 27,00,000.00 with an Earnest Money Deposit (EMD) of 2,70,000.00. The auction will be conducted by BAANKNET on behalf of Union Bank of India, Oppanakara Street Branch. The auction starts on March 11, 2025, at 12:00 PM and ends on March 11, 2025, at 5:00 PM. The last date for application submission is March 10, 2025, at 5:00 PM.

Borrower Name:M/s.A One Traders

Auction Type:SARFAESI Auction

Contact Details

TEL No: 0422-2390528

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