784 sq feet House for Auction in Thondamuthur, Coimbatore – IOB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

784 sq feet (≈ 784 sq ft)

Reserve price / sq ft

₹3,884

Locality

Thondamuthur

City

Coimbatore

State

Tamil Nadu

Pincode

641109

Address

Thondamuthur, Tamil Nadu, 641109 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Overseas Bank

Branch

VADAVALLI-1745

Auction type

SARFAESI Auction

Borrower

Thangam R*****

Auction start

26 Nov 2026, 10:30 AM

Auction end

26 Nov 2026, 01:30 PM

EMD submission deadline

26 Nov 2026, 10:00 AM

Inspection

26 Oct 2026, 10:00 AM – 25 Nov 2026, 05:00 PM

Authorised officer

Mr.Ratheesh R, Senior Manager

Officer contact

9496824614

E-auction portal

BAANKNET (Property ID IOBA174501)

Price Check

This listing's reserve price works out to ₹3,884 per sq ft. The average across residential bank auctions in Coimbatore on our site is ₹3,344 per sq ft, so this one is 16% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 26 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IOBA174501)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 10:00 AM. It is refunded if you don't win.
5. Bid online on 26 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.