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House in Coimbatore, Tamil Nadu (bank auction)

About this property

This is a 3,045 sq ft house in Coimbatore, Tamil Nadu. Possession is symbolic: the bank has legal possession, but someone may still be occupying the property, which can delay handover.

The reserve price, the lowest price at which the bank will sell, is ₹3,93,00,000 (₹3.93 Cr). To bid you first pay an earnest money deposit (EMD) of ₹39,30,000 (about 10% of the reserve price). Each new bid must be at least ₹50,000 higher than the last. The e-auction is on 20 November 2026 from 11:00 AM to 4:00 PM IST on baanknet.com. The property can be inspected: 12 to 13 November 2026, 10 am to 4 pm.

Property description

6.98 cents (3,045 sq ft) of land with an RCC terraced building of ground and first floors, electric fittings and water tap connection, at Door No. 107, Sengupta Street, Ramnagar, Coimbatore, within Coimbatore Corporation limits: old Ward No. 9, new Ward No. 28, Annuparpalayam Village, Patta No. 113, T.S. No. 91/1, old T.S. No. 9/30/1, new T.S. No. 9/147/1B, Ranganathapuram, in Venkatasamy Naidu Layout approved by Coimbatore Municipality, Coimbatore Taluk, in the Coimbatore sub-registry. Assessment No. 96596, SC Nos. 223 and 224, water tap connection No. 15168. Measurements: north-south 75 ft on the east and 70 ft on the west; east-west 42.5 ft on the north and 41.5 ft on the south. The building stands partly on the mortgaged land and partly on the mortgagor's adjacent land. Prior encumbrances: nil. Symbolic possession.

Boundaries

North by: Sengupta Street (east-west), South by: Property of another owner, East by: House of another owner, West by: Property of another owner.

Auction details

Reserve price
₹3,93,00,000 (₹3.93 Cr)
EMD (earnest money deposit)
₹39,30,000
Bid increment
₹50,000
Auction starts
20 Nov 2026, 11:00 AM IST
Auction ends
20 Nov 2026, 4:00 PM IST
Inspection
12 to 13 November 2026, 10 am to 4 pm
Property type
House
Area
3,045 sq ft
Possession
Symbolic
Location
Coimbatore, Tamil Nadu
PIN code
641009
Reference
LA-3779

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Auction starts in 6 days.

Before you bid

  • Inspect the property on the inspection date.
  • Check title, dues and encumbrances: the sale is “as is, where is”.
  • Pay the EMD before the deadline and register on the e-auction website.
  • Read the bank’s sale notice and its terms in full.

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