Property for Auction in Suramangalam, Salem, Tamil Nadu
Auction ID:569752
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE : SALEM
Reserve Price:₹14,50,000
EMD:₹1,45,000
Service Provider:BAANKNET
Submission Date:26-09-2025 05:00 PM
Bid Start Date:30-09-2025 11:30 AM
A valuable plot of land with an existing building located in the well-established area of Suramangalam, Salem, Tamil Nadu. This residential property offers a prime opportunity for investment or personal use in a developing city. The property is being auctioned by Canara Bank under the SARFAESI Act. It is situated in a convenient location with access to local amenities and transportation networks.
State:Tamil Nadu
City:Salem
Area:Suramangalam
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a residential property comprising land and building in Suramangalam, 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 for this auction is ₹14,50,000, with an Earnest Money Deposit (EMD) of ₹1,45,000 required to participate. This is a significant opportunity to acquire a property through a transparent auction process.
Borrower Name:Sri. V. Siva
Auction Type:SARFAESI Auction
M No ; 9445028337