Property for Auction in Singanallur, Coimbatore, Tamil Nadu
Auction ID:563033
Bank Name:Bank of India
Branch Name:Recovery department
Reserve Price:₹94,67,000
EMD:₹9,46,700
Service Provider:BAANKNET
Submission Date:25-08-2025 05:00 PM
Bid Start Date:26-08-2025 11:00 AM
This auction features a residential plot situated in the well-established locality of Singanallur, Coimbatore, Tamil Nadu. The property is being auctioned by the Bank of India under the SARFAESI Act. Singanallur is known for its connectivity and developing infrastructure, making it an attractive location for residential development or investment. The plot offers a clear title and is available for acquisition through a transparent auction process. The reserve price is set at INR 94,67,000, providing a potential entry point for buyers looking to invest in Coimbatore's real estate market. This plot represents a valuable opportunity in a developing urban area.
State:Tamil Nadu
City:Coimbatore
Area:Singanallur
Asset Category:Residential
Bank of India is conducting a SARFAESI auction for a residential plot located in Singanallur, Coimbatore, Tamil Nadu. The auction is for the property mortgaged by Mr. Syed Saleem. The reserve price is INR 94,67,000, with an Earnest Money Deposit (EMD) of INR 9,46,700 required to participate. This is a prime opportunity to acquire a plot in a sought-after area. The auction will be held on August 26, 2025, commencing at 11:00 AM and concluding at 05:00 PM. Interested bidders should ensure they are familiar with the SARFAESI Act and auction terms. Contact the Bank of India for further details and auction procedures.
Borrower Name:Mr.Syed Saleem
Auction Type:SARFAESI Auction
Contact Phone: (0422) 2397221, 2383074