Property for Auction in Salem, Salem, Tamil Nadu
Auction ID:557988
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹30,00,000
EMD:₹3,00,000
Service Provider:BAANKNET
Submission Date:23-08-2025 05:00 PM
Bid Start Date:25-08-2025 10:00 AM
This is a residential flat located in Salem, Salem, Tamil Nadu. The property is being auctioned by Indian Bank under the SARFAESI Act. The flat is categorized as a residential asset and presents a valuable opportunity for potential buyers. Salem is a well-established city in Tamil Nadu, offering good connectivity and amenities. Further details regarding the specific location and size of the flat will be available through the official auction notice.
State:Tamil Nadu
City:Salem
Area:Salem
Asset Category:Residential
Indian Bank is conducting a SARFAESI auction for a residential flat in Salem, Tamil Nadu. The auction will take place on August 25, 2025, from 10:00 AM to 4:00 PM. The property is associated with Mr. P. Lakshmanan. The reserve price is ₹30,00,000, with an Earnest Money Deposit (EMD) of ₹3,00,000 required to participate. This is a significant opportunity to acquire a flat in Salem through a bank auction.
Borrower Name:Mr. P. Lakshmanan
Auction Type:SARFAESI Auction
Contact TALAIVASAL BRANCH Ph: 04282-230238