Property for Auction in Peelamedu, Coimbatore, Tamil Nadu
Auction ID:524196
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹57,00,000
EMD:₹5,70,000
Service Provider:BAANKNET
Submission Date:30-06-2025 11:00 AM
Bid Start Date:30-06-2025 11:30 AM
The property is a plot of land measuring 828 sq.ft (or 1 Cent and 392 Sqft) located in Peelamedu, Coimbatore. It is described as the Eastern portion of Site No.17 in Ramanathapuram Village, G.S.No.211/1. The plot has specific boundaries mentioned: West of R.Kalaiselvi's vacant site, East of A.Venkatachalam's former vacant site (now Rajendran's), South of an East-West Road, and North of lands in G.S.No.208. It includes an RCC residential building with essential connections and rights to use roads and pathways. The property is situated in Nethaji Nagar and falls within the Coimbatore Municipal Corporation limits.
State:Tamil Nadu
City:Coimbatore
Area:Peelamedu
Asset Category:Residential
This is a SARFAESI Auction for a residential plot of 828 sq.ft located in Peelamedu, Coimbatore, Tamil Nadu. The property is offered by Canara Bank with a reserve price of INR 5,700,000.00 and an EMD of INR 570,000.00. The auction is scheduled for June 30, 2025, from 11:30 AM to 12:30 PM. The property is described as a vacant site with an RCC residential building constructed thereon, situated in Nethaji Nagar.
Borrower Name:M/s. Swaagath Pump Industries
Auction Type:SARFAESI Auction
Contact No : 0422-2555655/ 7708044313