3,016 sq ft Land & Building for Auction in Coimbatore – Repco

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

3,016 sq ft

Reserve price / sq ft

₹3,288

Locality

—

City

Coimbatore

State

Tamil Nadu

Address

All the piece and parcel of the land situated in Coimbatore Registration District, Coimbatore South Taluk, Peelamedu Sub Registration District, Sowripalayam Village, T.S.No. 53, Ward No. 27, Block No.14, S.F.No. 356/1 Extent 1.51 acres, in this as per sub division S F No. 356/1B in this property situated within: North by: Ramachandran House South by: Ramasamy Naidu House East by: East west Road and Rangasamy House West by: Ramachandran house and Raju Naidus vacant Land Within this above: East West on Both Side 52 feet North South on Both Side 58 feet Thus totalling 3016 Sq.ft. or 6 cent 402 Sq.ft. or 280.1955 Sq.mtr. of land with tiled house constructed thereupon with its all door, door post, fittings, fixtures, Electric light fittings service connection and its deposit, Water connection with its deposit and rights of pathway over mamool roads and all other amenities.Door No 338 to 341, Giriamman Koil Street,Tax assessment No 39300439, 39300440.Repco ER connection Numbers 03-028-004-928, 03-028-004-238.Ward No 39,Water connection No 39300901.This property is subjected to the limits of Coimbatore Corporation. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Repco Home Finance

Branch

Coimbatore Branch

Auction type

SARFAESI Auction

Borrower

Mr S***** R

Auction start

23 Oct 2026, 11:00 AM

Auction end

23 Oct 2026, 12:00 PM

EMD submission deadline

22 Oct 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2406706

Price Check

This listing's reserve price works out to ₹3,288 per sq ft. The average across residential bank auctions in Coimbatore on our site is ₹3,393 per sq ft, so this one is 3% 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 2406706), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹9,91,800 before 22 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 23 Oct 2026 starting above the reserve price, in multiples of ₹25,000.
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.