Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609895
Bank Name:Nido Home Finance Limited
Branch Name:Regd.Office : Mumbai
Reserve Price:₹60,21,000
EMD:₹6,02,100
Auction Time:11 am to 12 pm Noon (With 5 Minutes Unlimited Auto Extensions)
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
This is a valuable land parcel located in Annur, Coimbatore, Tamil Nadu, offered through a SARFAESI auction by Nido Home Finance Limited. The property is situated in a developing area with potential for residential use. Its precise location and dimensions will be detailed in the auction documents. Ideal for investors or individuals looking to build their dream home or for future development.
State:Tamil Nadu
City:Coimbatore
Area:Annur
Asset Category:Residential
Full Address:22, Nakchatra Garden Phase-lii(A), In The Registration District Of Coimbatore, In The Sub Registration District Of Annur, Annur Taluk, Masakavundanchettipalayam Village, In S.F.No.116/1b1 Measuring 1.14.5 Hectares (2.83 Acres) In This Measuring 1.89.1/2 Acres Of Land Belonging To M/S.Ganesha Ventures Pvt. Ltd., Further In S.F.No.116/1 Measuring 9.02 Acres, In This Measuring 1.23 Acres Of Land (As Per Sub Division In S.F.No. 116/1a2) Belonging To M/S.Ganesha Ventures Pvt. Ltd., Thus Totaling To 3.12 Acres, In This The Land Measuring 1.10 Acres Has Been Sold To Mr.Rajasekar And Mrs. Devimaya, The Remaining Land Measuring 2.02.1/2 Acres Of Land Have Been Laid Out House Sites In The Name And Style Of "Nakchatra Garden Phase-lii(A)" And The Same Duly Approved By The Deputy Director Of Town And Country Planning Vide Regularization Dtp No.110/2017 And Also The Same Recognized By The Masagoundenchettipalayam Panchayat Vide Its Order Dated 14.03.2018 Vide No.01/2017-2018. In This Plot No.22 Measuring 2502 Sq.Ft In This Western Portion Plot No.22 Within The Following Boundaries: North Of Site No.24; South Of 40 Feet East-West Layout Road; East Of Land In S.F.No.116/1a1; West Of Eastern Portion Of Plot No.22. Measurement Details:- East-West On The Northern Side - 36.8 Feet; East - West On The Southern Side 36.3/4 Feet; North-South On The Eastern Side - 60 Feet; North - South On The Western Side -60 Feet;, Masakavundanchettipalayam, Coimbatore
Building/Society:Nakchatra Garden Phase-lii(A)
Size:2203 Sq.Ft
Auction Description
Nido Home Finance Limited is conducting a SARFAESI auction for a land property in Annur, Coimbatore. The auction will take place on December 10, 2025, between 11:00 AM and 12:00 PM. The reserve price for this auction is ₹60,21,000, with an Earnest Money Deposit (EMD) of ₹6,02,100. This is a unique opportunity to acquire land in a growing region of Tamil Nadu. All interested bidders are advised to review the complete auction terms and conditions.
Borrower Name:S UMA MAHESWARI
Auction Type:SARFAESI Auction
Guarantor Names:VISHNU S
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in a developing area near Coimbatore. The reserve price seems reasonable, making it a calculated opportunity for potential buyers looking for land investment. Further due diligence is advisable given the location and auction terms.
Contact Details
Branch:Branch Office : Regd.Office : Mumbai
Service Provider:Public Auction
Contact Details:
Maulik Shrimali
Contact no:6351896643
