Plot for auction 117 Cheran Nagar, Pollachi, Coimbatore by DCB Bank

Discover a promising real estate investment in Coimbatore with this residential plot, situated in the sought-after Pollachi Taluk. Located within the approved "Cheran Nagar" layout (DTP No.LP(CM) No.5/1977), this property, Plot No. 117, offers a total area of 1400 Sq.ft. The plot has clear boundaries, measuring 35 feet along the east-west direction on both sides and 40 feet along the north-south direction on both sides. It is strategically positioned with a 20 Feet East West Road to its south, Plot No. C110 to the north, Plot No. C118 to the east, and Plot No. C116 to the west. The property includes an existing RCC terraced building of 600 Sq.ft., identified by Door No. 117 and S.C.No. 463, with a water connection (No 7342). Benefiting from its location in Pollachi Town on Kottur Road, this property offers the potential for comfortable living or future development in a developing area of Tamil Nadu.

This upcoming SARFAESI auction presents a compelling opportunity to acquire a residential plot in the well-established "Cheran Nagar" layout, located in Pollachi Taluk, Coimbatore, Tamil Nadu. The auction is being conducted by DCB Bank, with the bidding scheduled to commence on July 31, 2025, from 11:30 AM to 12:30 PM. The property, identified as Plot No. 117, spans 1400 Sq.ft. and features an existing 600 Sq.ft. RCC terraced building. Situated on Kottur Road, within Survey Ward (3), this plot benefits from a strategic location in Pollachi Town, offering proximity to essential amenities and infrastructure. For those interested in participating, the application submission deadline is July 30, 2025, by 5:00 PM. The reserve price for this auction is set at INR 30,00,000, with an Earnest Money Deposit (EMD) of INR 3,00,000 required. Further details and the sale notice can be found via the provided URLs. This auction, managed by Samil, is an excellent entry point for new buyers looking to invest in the Coimbatore region.