Commercial Building for Auction in Coimbatore – IARC

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Locality

—

City

Coimbatore

State

Tamil Nadu

Pincode

254257

Address

Unit No. 04, Row 12, Block C, KG Garden City, S.F.No.2511 2521 2521B 2531 254 257 258 2592 2601 ,Thondamuthur Sub Registration District , Vedapatti Village , Coimbatore Taluk ( Perur Taluk ) , Coimbatore, 642203 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

International Asset Reconstruction Company

Branch

Andheri East, Mumbai

Auction type

SARFAESI Auction

Borrower

Mr. P*****

Auction start

24 Oct 2026, 11:00 AM

Auction end

24 Oct 2026, 12:00 PM

EMD submission deadline

23 Oct 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2409255

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 2409255), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,83,258 before 23 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 24 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
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.