Plot for auction 1 Meenakshi Nagar, Kumarapalayam, Coimbatore by BOI

The property is a residential plot located in Kumarapalayam, Coimbatore, Tamil Nadu. It is part of a layout named "Meenakshi Nagar", approved by the Director of Town and Country Planning (DTP No. 147/1997). The specific site is Site No. 62, with boundaries: North by Site No 63, South by a 23 feet East-West Layout Road, East by Site No 61, and West by a 30 Feet North-South Layout Road. The land measures 3737 Sq.ft. The auction includes five apartment units (G-1, S-1, S-2, F-1, F-2) within "Vijayalakshmi Apartment". Each apartment has a super built-up area of 1228 Sq.ft., a 1/5th undivided share in the land (747.4 Sq. Ft.), and comes with car parking and proportionate rights to common areas. The property falls within the limits of Coimbatore Municipal Corporation. The owners are Mr. Shaikh Khushbahar and Mrs. S. Shaikh Shabnam.

This is a SARFAESI Auction by the Bank of India for a residential plot in Kumarapalayam, Coimbatore, Tamil Nadu. The property is part of a layout approved by the Director of Town and Country Planning. The auction includes multiple units: Flat No. G-1 (Ground Floor), S-1 (Second Floor), S-2 (Second Floor), F-1 (First Floor), and F-2 (First Floor) within the 'Vijayalakshmi Apartment' building. Each unit has a super built-up area of 1228 sq. ft., an undivided share in the land, and includes car parking. The property is owned by Mr. Shaikh Khushbahar and Mrs. S. Shaikh Shabnam. The auction is scheduled for August 8, 2025, from 11:00 AM to 5:00 PM. The reserve price is 34,962,300.0, and the EMD is 3,496,230.0. For inquiries, contact the Bank of India, Zonal Office - Coimbatore at (0422) 2397221, 2383074, or [email protected].