Flat for auction 2 Salem, Salem by Indian Bank

Property for Auction in Salem, Salem, Tamil Nadu

Property Type IconProperty Type:
Flat
Location IconLocation:
Salem, Salem
Auction Date IconAuction Date:
25-08-2025 10:00 AM

Auction Details

Auction ID:557989

Bank Name:Indian Bank

Branch Name:Zonal Office

Reserve Price:26,50,000

EMD:2,65,000

Service Provider:BAANKNET

Important Dates

Submission Date:23-08-2025 05:00 PM

Bid Start Date:25-08-2025 10:00 AM

Property Description

This offering is for a residential flat located in Salem, Tamil Nadu. The property is part of a bank auction conducted by Indian Bank under the SARFAESI Act. The flat is situated in the Salem area, a well-connected and developing region within the state. This is a residential asset, previously mortgaged by Mr. P. Durairaj. The auction provides a direct channel to acquire this property.

State:Tamil Nadu

City:Salem

Area:Salem

Asset Category:Residential

Auction Description

Indian Bank presents a SARFAESI auction for a residential flat in Salem, Tamil Nadu. The auction is scheduled for August 25, 2025, running from 10:00 AM to 4:00 PM. The property is offered with a reserve price of ₹26,50,000 and requires an Earnest Money Deposit (EMD) of ₹2,65,000. This is a prime opportunity to acquire a residential flat in Salem through a bank auction.

Borrower Name:Mr. P.Durairaj

Auction Type:SARFAESI Auction

Contact Details

Contact Ph: 0427-2218168

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