3,000 sq feet House for Auction in Singanallur, Coimbatore – SBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

3,000 sq feet (≈ 3,000 sq ft)

Reserve price / sq ft

₹5,900

Locality

Singanallur

City

Coimbatore

State

Tamil Nadu

Pincode

641005

Address

Singanallur, Coimbatore, Tamil Nadu, 641005 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB COIMBATORE-10204

Auction type

SARFAESI Auction

Borrower

Ramajeyam N

Auction start

24 Nov 2026, 11:00 AM

Auction end

24 Nov 2026, 04:00 PM

EMD submission deadline

24 Nov 2026, 03:50 PM

Inspection

31 Oct 2026, 11:00 AM – 31 Oct 2026, 04:21 PM

Authorised officer

Shrinath MG

Officer contact

9445395289

E-auction portal

BAANKNET (Property ID SBIN10204RAMAJEYAM)

Price Check

This listing's reserve price works out to ₹5,900 per sq ft. The average across residential bank auctions in Coimbatore on our site is ₹3,344 per sq ft, so this one is 76% 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 31 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN10204RAMAJEYAM)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 24 Nov 2026, 03:50 PM. It is refunded if you don't win.
5. Bid online on 24 Nov 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.