Representative illustration — Plot bank auction in Thiruvalluvar Nagar, Saravanampatti, Gandhipuram
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Strong Buy

Plot for Auction Thiruvalluvar Nagar Saravanampatti Gandhipuram Coimbatore 1.1 Crore by Canara Bank 06 Jul 2026

Thiruvalluvar Nagar, Saravanampatti, Gandhipuram, Coimbatore

Area: 1980.0 sq.ft.

Door No. 32, Thiruvalluvar Nagar, Saravanampatti Village, Gandhipuram, Coimbatore, Tamil Nadu.

Canara Bank · Asset Recovery Management Branch

Reserve price

₹1,05,50,000

EMD ₹10,55,000

Auction date

06 Jul 2026, 11:30 AM

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Quick read

  • Possession: Symbolic
  • Area: 1980.0 sq.ft.
  • Locality: Thiruvalluvar Nagar, Saravanampatti, Gandhipuram
  • Reserve: ₹1,05,50,000
  • EMD: ₹10,55,000

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityThiruvalluvar Nagar, Saravanampatti, Gandhipuram
Built-up / plot area1980.0 sq.ft.
LenderCanara Bank
BranchAsset Recovery Management Branch
Unit / flat no.Site No.4
Building / societyThiruvalluvar Nagar
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

Plot bank auction in Thiruvalluvar Nagar, Saravanampatti, Gandhipuram, Coimbatore by Canara Bank — reserve price ₹1,05,50,000, 1980.0 sq.ft., Symbolic possession.

A residential property comprising a house and plot (Site No.4, 1980 sq.ft.) is available for bank auction by Canara Bank in Thiruvalluvar Nagar, Saravanampatti Village, Gandhipuram, Coimbatore. This bank auction property features an RCC building with all fixtures and fittings, electricity connection, and stands as a promising investment opportunity in a well-established area. The e-auction is scheduled for 2026-07-06 with a reserve price of ₹1,05,50,000, offering a significant chance to acquire a prime residential asset in Coimbatore. Interested bidders should note the EPFO attachment and plan for property inspection on 2026-07-03.

GeoSquare note: This residential house and plot in Thiruvalluvar Nagar, Gandhipuram, Coimbatore offers significant investment potential in a developing urban area. With a competitive reserve price of ₹1,05,50,000 for 1980 sq.ft., it presents a good opportunity for buyers. While the possession is symbolic and there's an EPFO attachment, these are typical for bank auction properties and can be managed. Its location and property type make it an attractive asset for long-term growth.

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