Property for Auction in coimbatore, Coimbatore, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610218
Bank Name:South Indian Bank
Branch Name:Regional Office
Reserve Price:₹3,55,00,000
EMD:₹35,50,000
Bid Increment:₹5,00,000
Auction Time:10:00 A.M. to 11:00 A. M.
Service Provider:bankauctions.in
Submission Date:2025-11-25
Bid Start Date:2025-11-26
A prime plot of land located in Coimbatore, Tamil Nadu, offered by South Indian Bank through a SARFAESI auction. This residential land presents a valuable investment opportunity in a sought-after urban area. The property is situated in Coimbatore, a major city known for its industrial and educational significance. Ideal for developers or individuals looking to build their dream home or undertake a real estate project. The land is being auctioned on an "as is, where is" basis.
State:Tamil Nadu
City:Coimbatore
Area:coimbatore
Asset Category:Residential
Full Address:S.F.No.331, R.S.F.No. 331/1 of Ramanathapuram Village, Coimbatore Taluk, Coimbatore District, Ramanathapuram Village, Coimbatore
Size:7040 Sq. Ft.
South Indian Bank is conducting a SARFAESI auction for a valuable plot of land in Coimbatore, Tamil Nadu. The auction will take place on November 26, 2025, between 10:00 AM and 11:00 AM. The reserve price for this residential land is ₹3,55,00,000, with an Earnest Money Deposit (EMD) of ₹35,50,000 required to participate. This is a fantastic opportunity to acquire property in a developing area of Coimbatore. All interested bidders are advised to conduct their due diligence before participating in the auction.
Borrower Name:M/s. Thiruvethiyar Company
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Balasubramanian. A.R, Mrs. Sridevi.A.R, Mr. Ramasubbaraj.P
Possession Status:Physical
Encumbrance Details:Nil
The land parcel in Ramanathapuram, Coimbatore presents a calculated opportunity due to its size and location. While the reserve price is substantial, the potential for development in this area may attract investors. Careful consideration of market conditions and local regulations is advised before bidding.
Branch:Branch Office : Regional Office
Service Provider:bankauctions.in
Contact Details:
R. Balaji
Contact no:9443759259