Plot for auction 530 THE RESIDENTIAL APARTMENT, coimbatore, Coimbatore by SBI

This offering is for a residential plot located in Coimbatore, Tamil Nadu. Situated in the heart of the city, this plot presents an excellent canvas for development or personal use. Coimbatore is a rapidly growing city known for its industrial and educational hubs, offering significant potential for appreciation. The property is being auctioned by the State Bank of India due to loan default. Exact location and survey details will be provided to eligible bidders. This is a legal auction conducted under the SARFAESI Act, ensuring a transparent transaction process for the acquisition of this valuable Coimbatore plot.

State Bank of India presents a SARFAESI auction for a residential plot in Coimbatore, Tamil Nadu. This is a prime opportunity to acquire a plot of land in a desirable location. The auction will be held on September 18, 2025, from 11:00 AM to 12:00 PM. The reserve price is ₹78,00,000, with an Earnest Money Deposit (EMD) of ₹7,80,000 required to participate. This auction is conducted under the SARFAESI Act, following the default by the borrower, Mr. S.K. Alauddin. Don't miss this chance to invest in Coimbatore's real estate market.