7 acre Land for Auction in Coimbatore – SIB

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

7 acre (≈ 3,04,920 sq ft)

Reserve price / sq ft

₹70

Locality

—

City

Coimbatore

State

Tamil Nadu

Address

All that piece and parcel of 7 Acres 47 cents of land being 2 acres comprised in Survey Nos. 820/12 ; 14 and 2 Acres 13 Cents comprised in Survey Nos. 820/17 (New Sy No. 820/17A) & 18 and 3 Acres 34 cents comprised in Survey Nos. 820/15, 16 ; 13 of Thirumayam village, Thirumayam taluk, Thirumayam Registration District, Pudukkottai District with all other rights and improvements therein owned by Mr. RM Karuppiah and the property being more fully described in the Registered Sale Deed Nos. 1736/2013 dated 11.06.2013, 3238/2012 dated 05.09.2012, 3237/2012 dated 05.09.2012 and 3235/2012 dated 05.09.2012 of Thirumayam Sub-Registry and having the following boundaries;Boundaries of 1 Acre land in Survey No.820/12 under Patta No.2552North: A Krishnan Punjai land in Sy.No.820/7East: A. Veerayee Punjai land in Sy.No.820/11South: RM Karuppaiah Punjai land in Sy.Nos.820/13 & 14West: Railway Purambok land in Sy.Nos.686 & 87Boundaries of 1 Acre land in Survey No.820/14 under Patta No.2472North: Velu, Meenal PunjaiEast: Meenal PunjaiSouth: A Veerayee PunjaiWest: Meenal PunjaiBoundaries of 2 Acres 13 cents land in Survey No.820/17 (New Sy No.820/17A) and 820/18North: Sundari land and roadEast: South North Railway TrackSouth: Meenal, Palaniappan roadWest: KR Meenal PunjaiBoundaries of 1 Acres of land in Survey No.820/13 under Patta No.2293North: Velu PunjaiEast: Railway trackSouth: Chellayee PunjaiWest: V Palaniappan PunjaiBoundaries of 2 Acres 34 cents of land in Survey No.820/15 ; 16 under P View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

30 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 465739

Price Check

This listing's reserve price works out to ₹70 per sq ft. The average across land & agricultural bank auctions in Coimbatore on our site is ₹913 per sq ft, so this one is 92% 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 (AuctionTiger · Auction ID 465739), 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 30 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.