Property for Auction in Salem, Salem, Tamil Nadu
Auction ID:557989
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹26,50,000
EMD:₹2,65,000
Service Provider:BAANKNET
Submission Date:23-08-2025 05:00 PM
Bid Start Date:25-08-2025 10:00 AM
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
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 Ph: 0427-2218168