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Industrial Plot SARFAESI Auction Symbolic Possession

5.97 acres Industrial Plot for Auction in Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur, Coimbatore – Union Bank

Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur, Coimbatore, Tamil Nadu · Auction ID #108267

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Industrial Plot for auction in Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur, Coimbatore – Union Bank – photo 1
Industrial Plot for auction in Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur, Coimbatore – Union Bank – photo 2
Industrial Plot for auction in Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur, Coimbatore – Union Bank – photo 3
Industrial Plot for auction in Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur, Coimbatore – Union Bank – photo 4
Industrial Plot for auction in Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur, Coimbatore – Union Bank – photo 5
Industrial Plot for auction in Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur, Coimbatore – Union Bank – photo 6
Industrial Plot for auction in Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur, Coimbatore – Union Bank – photo 7
Industrial Plot for auction in Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur, Coimbatore – Union Bank – photo 8
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Reserve Price ₹11,39,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 13 Nov 2026, 12:00 PM Today
EMD Last Date 13 Nov 2026, 04:59 PM Today
Area5.97 acres
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Property Details

Property type
Industrial Plot (Industrial)
Possession
Symbolic Possession
Area
5.97 acres (≈ 2,60,053 sq ft)
Reserve price / sq ft
₹438
Locality
Thanneerpanthal, Karumathampatti(po), Sulur Taluk, Coimbatore, Kaniyur
Pincode
641659
Address
Thanneerpanthal, Karumathampatti(PO), sulur taluk, Coimbatore, Kaniyur, Tamil Nadu, 641659 View on map

Description (as per sale notice)

Item 1: In Tiruppur Registration District, Sulur Sub Registration District, Palladam Taluk, Kaniyur Village in SF No:277 an extent of 13.12 acres in present sub divided S.F. No.: 277/2 in this North of the lands in SF No: 266/1 East of the property belonging to Kuttianna Gounder and others South of Cart Track West of the property belonging to Kaliappa gounder and others In this an extent of 1.90 acres totally the land measuring attached therewith. And in S.F. No. 277/4 in this North of Cart track East of the property belonging to Rayappa gounder and others South of Cart Track West of the lands in SF No: 278 In this an extent of 2.08 acres in this an extent of 1.65 acres as per the present Patta No: 1451 Totally the land measuring an extent of 3.55 acres, with building thereon with all rights of way and other appurtenances attached therewith. Item 2: In Tirupur Registration District, Sulur Sub registration District, Palladam Taluk in Kaniyur village in SF No: 277, an extent of 13.12 acres and as per present sub division SF No: 277/3 in this North of Cart Track East of the property belonging to Ramasamy South of Kuttai and cart track West of the lands belonged to Rayappa gounder and others In this an extent of 1.12 acres And in SF No: 277/5 in this North of Cart Track East of the property belonging to Kaliappa Gounder and others South of the Kuttai and Cart Track West of the lands in S.F. No.:279 In this an extent of 1.30 acres Totally the land measuring an extent of 2.42 acres, with building thereon with all right of way and other appurtenances attached thereto. Total extent Item 1 and Item 2 is 5.97 Acres & Hypothecation of movable property described herein below: Plant and Machineries, etc, Hypothecation of Stock, Raw Materials, Finished and semi-finished goods, and such other movables and equipment and book debts kept at No 3/318-D, Thaneerpanthal Pirivu, Rayarpalayam, Karumathampatty, Coimbatore – 641659 also at No 279/6, Thanneerpanthal, Karumathampatti(PO), sulur taluk, Coimbatore – 641659.

BAANKNET Property ID: UBINCHEARB5552A
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Bank & Auction Details

Bank / Lender
Union Bank of India
Branch
ASSET RECOVERY BRANCH, CHENNAI-554740
Auction type
SARFAESI Auction
Borrower
M/S L***** S*****
Auction start
13 Nov 2026, 12:00 PM
Auction end
13 Nov 2026, 05:00 PM
EMD submission deadline
13 Nov 2026, 04:59 PM
Inspection
—
Authorised officer
DEEPA DEVI
Officer contact
8056159406
E-auction portal
BAANKNET (Property ID UBINCHEARB5552A)
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Price Check

This listing's reserve price works out to ₹438 per sq ft. The average across industrial bank auctions in Coimbatore on our site is ₹2,355 per sq ft, so this one is 81% below 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UBINCHEARB5552A)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 13 Nov 2026, 04:59 PM. It is refunded if you don't win.
  5. Bid online on 13 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Union Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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