200 sq m Land & Building for Auction in Coimbatore – Protium Finance Limited

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

200 sq m (≈ 2,152 sq ft)

Reserve price / sq ft

₹1,812

Locality

—

City

Coimbatore

State

Tamil Nadu

Address

(As Per Document No.650/2024 Settelement Deed) All The Piece And Parcel Of The Immovable Property Residential Site Bearing A T.S.No.-119, Block-16, Ward-A, After Sub Division New Natham S. No. 409/20 Total Extent 200 Sq. Meter Of Land With Building Is Situated At Urumaiyan Street, Vadakkupettai, Sathyamangalam Village, Sathyamangalam Taluk, Gobichetti Palayam Regd. District Sathyamangalam SRO Within The Following Boundaries: Boundaries For 200 Sq. Meter Of Land With Building; North By Chikkanna Gouder Legal Heirs House; South By-Mayannan House; East By - S.V. Vengitu Mesthiri Vahaiyara House; West By - South North Road. Measurements Details: North-East West-15.0 MT; South-East West 16.6 MT; East-South North - 12.4 MT; West-South North-15.8 MT; Total - 200 Sq. Meter. Together With All Other Rights, Buildings, Improvements And Easements Appurtenant Thereto. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Protium Finance Limited

Branch

Goregaon E

Auction type

SARFAESI Auction

Borrower

Sri V***** T*****

Auction start

09 Oct 2026, 11:00 AM

Auction end

09 Oct 2026, 02:00 PM

EMD submission deadline

08 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2409219

Price Check

This listing's reserve price works out to ₹1,812 per sq ft. The average across residential bank auctions in Coimbatore on our site is ₹3,396 per sq ft, so this one is 47% 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 (bankauctions.in (4Closure) · Listing 2409219), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,90,000 before 08 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 9 Oct 2026 starting above the reserve price, in multiples of ₹5,000.
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.