Property for Auction in Periya Negamam, Coimbatore, Tamil Nadu
Auction ID:586167
Bank Name:Bank of India
Branch Name:Recovery department
Reserve Price:₹61,33,000
EMD:₹6,13,300
Service Provider:BAANKNET
Submission Date:08-10-2025 05:00 PM
Bid Start Date:09-10-2025 11:00 AM
This is a residential plot located in Periya Negamam, Coimbatore, Tamil Nadu. The property is being auctioned by the Bank of India under the SARFAESI Act due to default by the borrower, M/s Gokul Tex. The plot offers a prime location in a developing area, making it an excellent opportunity for investment or construction. Its proximity to Coimbatore city ensures access to essential amenities and infrastructure. The auction presents a chance to acquire a valuable asset in a sought-after region of Tamil Nadu.
State:Tamil Nadu
City:Coimbatore
Area:Periya Negamam
Asset Category:Residential
The Bank of India is conducting a SARFAESI auction for a residential plot in Periya Negamam, Coimbatore. The auction is scheduled for October 9, 2025, with bidding open from 11:00 AM to 5:00 PM. The reserve price for this property is ₹61,33,000, and the Earnest Money Deposit (EMD) required is ₹6,13,300. This auction is a significant opportunity for potential buyers to acquire a plot of land in a developing area of Tamil Nadu. Interested parties are advised to review all auction terms and conditions provided by the Bank of India.
Borrower Name:M/s Gokul Tex
Auction Type:SARFAESI Auction
Contact Number : 04222397221