1,250 sq feet House for Auction in Vaiyampalayam Near Keeranatham, Coimbatore – SBI

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

1,250 sq feet (≈ 1,250 sq ft)

Reserve price / sq ft

₹3,380

Locality

Vaiyampalayam Near Keeranatham

City

Coimbatore

State

Tamil Nadu

Pincode

641110

Address

Vaiyampalayam Near Keeranatham, Coimbatore, Tamil Nadu, 641110 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

RACPC COIMBATORE NORTH-61040

Auction type

SARFAESI Auction

Borrower

R A*****

Auction start

30 Sep 2026, 11:00 AM

Auction end

30 Sep 2026, 04:00 PM

EMD submission deadline

30 Sep 2026, 04:00 PM

Inspection

20 Sep 2026, 11:00 AM – 21 Sep 2026, 04:00 PM

Authorised officer

SURENDHAR ARUNACHALAM

Officer contact

9489452782

E-auction portal

BAANKNET (Property ID SBIN0078537566759)

Price Check

This listing's reserve price works out to ₹3,380 per sq ft. The average across residential bank auctions in Coimbatore on our site is ₹3,600 per sq ft, so this one is 6% 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 20 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN0078537566759)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 30 Sep 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 30 Sep 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.