Land SARFAESI Auction Symbolic Possession

Land for Auction in Olapalayam, Coimbatore – Canara

Olapalayam, Coimbatore, Tamil Nadu · Auction ID #114709

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Land for auction in Olapalayam, Coimbatore – Canara – photo 1
Reserve Price ₹1,86,40,000 5% lower than previous auction (₹1.96 Cr)
EMD (Earnest Money)—
Bid Increment—
Auction Date 27 Nov 2026, 11:30 AM In 17 days
EMD Last Date 27 Nov 2026, 11:00 AM In 17 days
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Property Details

Property type
Land (Land & Agricultural)
Possession
Symbolic Possession
Locality
Olapalayam
Pincode
641107
Address
Olapalayam, Coimbatore, Tamil Nadu, 641107 View on map

Description (as per sale notice)

Vacant land total extent 2.86 Acres

BAANKNET Property ID: CNRB314062135VL
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Bank & Auction Details

Bank / Lender
Canara Bank
Branch
COIMBATORE SPECIALISED ARM BRANCH
Auction type
SARFAESI Auction
Borrower
SENTHIL M***** S*****
Auction start
27 Nov 2026, 11:30 AM
Auction end
27 Nov 2026, 12:30 PM
EMD submission deadline
27 Nov 2026, 11:00 AM
Inspection
—
Authorised officer
AUTHORISED OFFICER
Officer contact
9489043584
E-auction portal
BAANKNET (Property ID CNRB314062135VL)
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Previous Auctions of This Property

Auction dateReserve price
27 Nov 2026₹1,86,40,000This auction
26 Oct 2026₹1,96,20,000View

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 CNRB314062135VL)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 27 Nov 2026, 11:00 AM. It is refunded if you don't win.
  5. Bid online on 27 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 Canara Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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