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Auction date awaited. The bank has listed this property for sale but has not scheduled the auction yet. The price shown is the bank's indicative price. Save it or get free alerts — once the auction is announced it will appear in our auction listings with the reserve price, EMD and date.

House SARFAESI Auction Physical Possession

2,400 sq feet House for Sale (Bank Auction) in Sugunapuram, Coimbatore – SBI

Sugunapuram, Coimbatore, Tamil Nadu · Auction ID #55872

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Indicative Price ₹66,00,000
EMD (Earnest Money)—
Bid Increment—
Auction Date Not yet scheduled
EMD Last Date —
Area2,400 sq feet

Property Details

Property type
House (Residential)
Possession
Physical Possession
Area
2,400 sq feet (≈ 2,400 sq ft)
Reserve price / sq ft
₹2,750
Locality
Sugunapuram
Pincode
641008
Address
SUGUNAPURAM, Coimbatore, Tamil Nadu, 641008 View on map

Description (as per sale notice)

The Property is situated in Coimbatore Registration Dt. Joint 2 Sub Registration Dt. Perur T.K, Kuniamuthur Village, in S.F No.16/1 in this dry Acre 1.05 in this land and adjoining landowners land were converted in to house sites and approved by the deputy director of town and country planning Coimbatore Vide: (C.P.N) No.315/87, and named as Krishna Nagar. In this layout Site No.42 having the following boundaries and measurements North Of: 30 Feet East West Road South Of: Site No.37 East Of: Site No.43 West Of: Site No.41 Measurements East West on the Northern Side: 40 Feet East West on the Southern Side-40 Feet North South of the Eastern Side:60 Feet North South on the Western Side: 60 Feet Total admeasuring 2400 Square Feet or 222.96 Sq. Mtr or 5Cents 222 Square Feet of land together with RCC building thereon in 840Sq Ft. The building including electricity service connection and its deposits, water connection and its deposits, together with right to use the roads and all other common rights Etc. Door No.7/42 Krishna Nagar, Sugunapuram, Property Tax Assessment No.4105, Electricity Service Connection No.03-269-002-413, Water Connection No.6703, The Property is at present Sub division in S.F No.16/1 B2, The property is situated within the limits of Coimbatore Corporation. Owner of the property is Mr.Saleem Basha

BAANKNET Property ID: SBINSURE300725

Bank & Auction Details

Bank / Lender
State Bank of India
Branch
SARB COIMBATORE-10204
Auction type
SARFAESI Auction
Borrower
SURESH K**** V
Auction start
—
Auction end
—
EMD submission deadline
—
Inspection
—
Authorised officer
—
Officer contact
—

Price Check

This listing's reserve price works out to ₹2,750 per sq ft. The average across residential bank auctions in Coimbatore on our site is ₹3,396 per sq ft, so this one is 19% 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 SBINSURE300725)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before —. It is refunded if you don't win.
  5. Bid online on — 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.

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 State Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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