Land And Building for auction 0.62 acre Sankagiri Taluk Salem by Canara

Property for Auction in Magudanchavadi, Salem, Tamil Nadu

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Magudanchavadi, Salem
Auction Date IconAuction Date:
30-09-2025 11:30 AM

Auction Details

Auction ID:579161

Bank Name:Canara Bank

Branch Name:REGIONAL OFFICE : SALEM

Reserve Price:80,00,000

EMD:8,00,000

Service Provider:BAANKNET

Important Dates

Submission Date:29-09-2025 05:00 PM

Bid Start Date:30-09-2025 11:30 AM

Property Description

This is a bank auction property located in Magudanchavadi, Salem, Tamil Nadu. The asset category is Residential, comprising Land And Building. The property is being auctioned by Canara Bank under SARFAESI rules. The borrower is M/S. CUBE F TRADERS LOANS. This presents an opportunity to acquire a property in a key area of Salem.

State:Tamil Nadu

City:Salem

Area:Magudanchavadi

Asset Category:Residential

Auction Description

Canara Bank is holding a SARFAESI auction for a Residential property (Land And Building) in Magudanchavadi, Salem, Tamil Nadu. The auction will commence on September 30, 2025, at 11:30 AM and conclude at 12:30 PM on the same day. The reserve price is INR 8,000,000.00, with an Earnest Money Deposit (EMD) of INR 800,000.00 required to participate. This auction is for the property associated with the loan of M/S. CUBE F TRADERS LOANS.

Borrower Name:M/S. CUBE F TRADERS LOANS

Auction Type:SARFAESI Auction

Contact Details

M No ; 9489043428

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