Property for Auction in Palladam Taluk, Coimbatore, Tamil Nadu
Auction ID:534546
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH, COIMBATORE
Reserve Price:₹14,00,000
EMD:₹1,40,000
Service Provider:BAANKNET
Submission Date:08-08-2025 11:00 AM
Bid Start Date:08-08-2025 11:30 AM
Residential plot located in Palladam Taluk, Coimbatore, Tamil Nadu. The property measures 50 cents and is part of S.F.No.291. It includes rights of access via common pathways.
State:Tamil Nadu
City:Coimbatore
Area:Palladam Taluk
Asset Category:Residential
This is a SARFAESI auction for a plot of land measuring 50 cents, located in Ichipatti Village, Palladam Taluk, Coimbatore Registration District, Sulur Sub Registration District. The property is part of a larger extent of 8.77 acres in S.F.No.291, with the specific portion being 4.38 acres on the southern side. The boundaries are: North - property belonging to Ramasamy Gounder, South - lands in S.F.No.291/1 belonging to Arumuga Gounder, East - 0.51 acres in S.F.No.291 belonging to the applicant, and West - 0.85 acres in S.F.No.291 belonging to the applicant. The property includes rights of access from a North-South road and an East-West pathway situated on common lands belonging to Raya Gounder, Chinnaraya Gounder, Palani Gounder, and Arumuga Gounder. The auction is being conducted by Canara Bank, with a reserve price of ₹14,00,000 and an EMD of ₹1,40,000. The auction is scheduled for August 8, 2025, from 11:30 AM to 12:30 PM.
Borrower Name:M/s. Coimbatore Cotton Textiles
Auction Type:SARFAESI Auction
Contact (Ph. No. 0422-2555655, Mob No: 94890 43584/98407 82169)