Flat for auction 48 Residential, 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:557988

Bank Name:Indian Bank

Branch Name:Zonal Office

Reserve Price:30,00,000

EMD:3,00,000

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 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

Auction Description

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 Details

Contact TALAIVASAL BRANCH Ph: 04282-230238

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