Property Type:
Location:
Auction Date:Auction Details
Auction ID:569287
Bank Name:City Union Bank
Branch Name:Credit Recovery and Management Department
Reserve Price:₹56,00,000
EMD:₹5,60,000
Service Provider:Public Auction
Important Dates
Submission Date:22-09-2025 12:00 PM
Bid Start Date:22-09-2025 01:00 PM
Property Description
City Union Bank presents a prime plot for auction in Palladam Taluk, Coimbatore, Tamil Nadu. This residential asset, formerly belonging to M/s. Bhuvaneshwari Textiles, offers a significant opportunity in a developing area. The plot is located in a well-connected region of Coimbatore, known for its industrial and agricultural significance. Ideal for residential development or investment, this property represents a chance to acquire land in a sought-after locale. The bank offers this property through a SARFAESI auction, ensuring a transparent and regulated sale process.
State:Tamil Nadu
City:Coimbatore
Area:Palladam Taluk
Asset Category:Residential
Auction Description
An exclusive SARFAESI auction by City Union Bank for a residential plot in Palladam Taluk, Coimbatore, Tamil Nadu. The bidding commences on September 22, 2025, at 01:00 PM and concludes on the same day at 02:00 PM. The reserve price is set at ₹56,00,000, with an Earnest Money Deposit (EMD) of ₹5,60,000 required to participate. This auction is a unique opportunity to purchase property from M/s. Bhuvaneshwari Textiles under the purview of the SARFAESI Act. Interested bidders are advised to review all auction terms and conditions provided by City Union Bank.
Borrower Name:M/s. Bhuvaneshwari Textiles
Auction Type:SARFAESI Auction
Contact Details
Contact Number : 04212332563 / 9344208685
