,

Industrial Shed in Coimbatore, Tamil Nadu (bank auction)

About this property

This is a 2,420 sq ft industrial shed 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 ₹92,00,000 (₹92 L). To bid you first pay an earnest money deposit (EMD) of ₹9,20,000 (about 10% of the reserve price). Each new bid must be at least ₹25,000 higher than the last. The e-auction is on 20 November 2026 from 11:00 AM to 4:00 PM IST on baanknet.com.

Property description

2,420 sq ft (5 cents and 242 sq ft, about 5.55 cents) of land with an AC-sheet shed and a portion of a building, part of 0.56 acre in the western portion of 1.64 acres in S.F. No. 211/1, Ramanathapuram Village, Coimbatore Taluk, in the Peelamedu sub-registry, Coimbatore registration district, with the right to use the common layout roads. Door No. 211/1, Nethaji Nagar; tax assessment No. 204742; electricity service connection No. 046-004-1098; within Coimbatore Corporation limits. Measurements: northern and southern sides east-west 47 ft each; eastern side north-south 49.5 ft, western side north-south 53.5 ft. The RCC ground floor and GI-sheet first floor industrial shed building (890 sq ft) stands partly on this land and partly on the adjoining land of the mortgagor's father. Encumbrances: nil. Symbolic possession.

Boundaries

North by: East-west road, South by: Land in S.F. No. 210/2, East by: Property of another owner, West by: Vacant land.

Auction details

Reserve price
₹92,00,000 (₹92 L)
EMD (earnest money deposit)
₹9,20,000
Bid increment
₹25,000
Auction starts
20 Nov 2026, 11:00 AM IST
Auction ends
20 Nov 2026, 4:00 PM IST
Property type
Industrial Shed
Area
2,420 sq ft
Possession
Symbolic
Location
Coimbatore, Tamil Nadu
PIN code
641036
Reference
LA-3781

WhatsApp us your interest. We can help you:

  • To get more information about the property
  • For auction assistance and support
  • For property audit and inspection
Chat on WhatsApp (opens WhatsApp)

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.

More auctions ending soon