2,034 sq feet Residential Plot for Auction in Gudalur, Coimbatore – Canara

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

2,034 sq feet (≈ 2,034 sq ft)

Reserve price / sq ft

₹2,404

Locality

Gudalur

City

Coimbatore

State

Tamil Nadu

Pincode

641020

Address

Gudalur, Tamil Nadu, 641020 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

COIMBATORE SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

M/S V**** L*** S****

Auction start

16 Oct 2026, 11:30 AM

Auction end

16 Oct 2026, 12:30 PM

EMD submission deadline

16 Oct 2026, 11:00 AM

Inspection

12 Oct 2026, 10:00 AM – 12 Oct 2026, 04:00 PM

Authorised officer

AJITH KUMAR

Officer contact

8778857966

E-auction portal

BAANKNET (Property ID CNRB311827119)

Price Check

This listing's reserve price works out to ₹2,404 per sq ft. The average across residential bank auctions in Coimbatore on our site is ₹3,688 per sq ft, so this one is 35% 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 12 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB311827119)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 16 Oct 2026, 11:00 AM. It is refunded if you don't win.
5. Bid online on 16 Oct 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.