Land And Building for auction 1006/282 Karumanthuri, Salem by Canara

This auction features a Land and Building property situated in Salem, Tamil Nadu. Located in the Salem area, this residential asset offers a substantial opportunity for investment or development. The property is being auctioned by Canara Bank under the SARFAESI Act. Key details include a reserve price of 90,00,000 INR and an EMD of 9,00,000 INR. The auction date is August 30, 2025, running from 11:00 AM to 5:00 PM.

Canara Bank presents a SARFAESI auction for a residential Land and Building in Salem, Tamil Nadu. The auction will commence on August 30, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price is set at 90,00,000 INR, with an Earnest Money Deposit (EMD) of 9,00,000 INR required. This is a significant opportunity to acquire property in Salem, with the asset previously belonging to borrower Sri P. Ramesh.