1,082 sq ft Land & Building for Auction in Coimbatore – Chola

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

1,082 sq ft

Reserve price / sq ft

₹5,823

Locality

—

City

Coimbatore

State

Tamil Nadu

Address

All that piece and parcel of land and building situated at Coimbatore District, Coimbatore North Taluk, Coimbatore Registration District, Kurichi Village, in Survey Nos. 468/2 and473/1, the lands were converted into house sites under the layout named "AmmanNagar Extension". In the said layout, Western portion of Plot No.24, bounded bythe following boundaries and measurements: North by: 20 feet East-West Road, East by: 30 feet South-North Road, South by: Plot No.25, West by: Property belong to ZahilAhamed Measurements: East-West on the Northern side: 30 feet, East-West on the Southern side: 27 1/2 feet, South-North on the Easternside: 35 feet, South-North on the Westernside: 30 feet, South-West comer crossmeasurement: 7 feet, Within the above boundaries, vacant house site measuring 1082 sq.ft. equivalent to 2 cents and 210 sq.ft., together with all common rights, easement rights, pathway rights, and allappurtenant rights attached thereto. The property is situated in S.F.No.473/1Cat "Amman Nagar Extension", Pothanur, within the limits of Kurichi TownPanchayat, along with the building constructed thereon. Presently, as persubdivision, New Survey No.473/1C1 has been assigned View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Cholamandalam Investment and Finance Company

Branch

Avinashi Road

Auction type

SARFAESI Auction

Borrower

MOHAMED Z***** S***** A*****

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 01:00 PM

EMD submission deadline

14 Oct 2026, 05:30 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2389919

Price Check

This listing's reserve price works out to ₹5,823 per sq ft. The average across residential bank auctions in Coimbatore on our site is ₹3,380 per sq ft, so this one is 72% above 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 (bankauctions.in (4Closure) · Listing 2389919), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹6,30,000 before 14 Oct 2026, 05:30 PM. It is refunded if you don't win.
5. Bid online on 15 Oct 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.