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Land & Building SARFAESI Auction

3,548 sq ft Land & Building for Auction in Coimbatore – Federal

Coimbatore, Tamil Nadu · Auction ID #117227

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Land & Building for auction in Coimbatore – FederalRepresentative image – no photo published by the bank
Reserve Price ₹50,00,000
EMD (Earnest Money)₹5,00,000
Bid Increment₹1,00,000
Auction Date 22 Dec 2026, 11:00 AM In 38 days
EMD Last Date 21 Dec 2026, 05:00 PM In 37 days
Area3,548 sq ft
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Property Details

Property type
Land & Building (Residential)
Possession
Not specified
Area
3,548 sq ft
Reserve price / sq ft
₹1,409
Locality
—

Description (as per sale notice)

Lot No 2 - All the piece and parcel of the Site No. 11 “Sakkaravarthi Gardens” measuring 3548 sq.ft or 329.6 sq.meters or 8 cent 63 sq.ft together with building existing and/or to be constructed and all other improvements thereon comprised in R.S no. 594/1, of Othakalmandapam Village, Madukkarai Taluk, Coimbatore District, Tamil Nadu State within the registration Sub District of Kinathukadavu, Measuring East West on the North: 60 feet, East West on the South: 60 feet, North South on the West: 59 ¼ feet and North South on the East: 59 feet. bounded as follows East of : Site No.10 West of : Park Site 1 North of : 30 feet wide East West Layout Road South of : S.F.No. 594/1 Part
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Bank & Auction Details

Bank / Lender
Federal Bank
Branch
Federal Bank Ltd. Coimbatore - BO (Immovable Properties)
Auction type
SARFAESI Auction
Borrower
Mr. S G***** a**** G***** S
Auction start
22 Dec 2026, 11:00 AM
Auction end
22 Dec 2026, 01:00 PM
EMD submission deadline
21 Dec 2026, 05:00 PM
Inspection
26 Nov 2026, 04:00 PM – 26 Nov 2026, 05:00 PM
Authorised officer
—
Officer contact
—
E-auction portal
C1 India
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Price Check

This listing's reserve price works out to ₹1,409 per sq ft. The average across residential bank auctions in Coimbatore on our site is ₹3,344 per sq ft, so this one is 58% 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 26 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (C1 India), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹5,00,000 before 21 Dec 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 22 Dec 2026 starting above the reserve price, in multiples of ₹1,00,000.
  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 Federal Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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