427 sq ft Commercial Building for Auction in Coimbatore – Repco

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

427 sq ft

Reserve price / sq ft

₹6,049

Locality

—

City

Coimbatore

State

Tamil Nadu

Address

All the piece and parcel of land together with building situated at Coimbatore Registration District, Gandhipuram Sub-Registration District, Coimbatore North Taluk, Sanganur village, comprised in Survey No.35, bearing Site No. 17 part, measuring 427 sq.ft., bearing Door No.59, Ramasamy Street, is bounded as follows: North of : House of Vasudevan & Nataraj and 21/4 feet common lane, South of : V.Ramasamy Street, East of : House of Amsaveni & Sangeetha, West of : House of Kannan and 3 feet common lane Admeasuring; East - West on both sides : 10 North - South on both sides : 427 Totally, 427 sq.ft, with all easement rights in roads and all other appurtenances thereto. The property is lying within the limits of Sanganur Panchayat. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Repco Home Finance

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

13 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 464301

Price Check

This listing's reserve price works out to ₹6,049 per sq ft. The average across commercial bank auctions in Coimbatore on our site is ₹2,900 per sq ft, so this one is 109% 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 (AuctionTiger · Auction ID 464301), 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 13 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.