Land And Building for auction Gandhi Nagar Attur 27 lakh Indian Bank

Property for Auction in Attur, Salem, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Possession
Physical
Size
3599.25 sq.ft.
Reserve Price
26,58,000
Reserve Price
26,58,000
EMD Required
2,65,800
Property Specifications
Size3599.25 sq.ft.
Unit No.Plot No.52
Possession StatusPhysical
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Attur, Salem
Auction Date IconAuction Date:
19-11-2025 10:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:610487

Bank Name:Indian Bank

Branch Name:SALEM BRANCH

Reserve Price:26,58,000

EMD:2,65,800

Bid Increment:25,000

Auction Time:10 am to 4 pm

Service Provider:BAANKNET

Important Dates

Submission Date:18-11-2025 05:00 PM

Bid Start Date:2025-11-19

Property Description

This auction features a valuable land and building property located in Attur, Salem, Tamil Nadu. Situated in a well-established area, this asset offers significant potential for residential use. The property is being auctioned by Indian Bank under SARFAESI provisions. Its location in Salem, a prominent city in Tamil Nadu, makes it an attractive investment opportunity. Don't miss the chance to acquire this real estate asset.

State:Tamil Nadu

City:Salem

Area:Attur

Asset Category:Residential

Full Address:Plot No.52, Gandhi Nagar, Attur Town and Taluk, Gandhi Nagar, Attur

Size:3599.25 sq.ft.

Auction Description

Indian Bank is conducting a SARFAESI auction for a land and building property in Attur, Salem, Tamil Nadu. The auction will take place on November 19, 2025, starting at 10:00 AM and concluding at 04:00 PM. The reserve price for this residential asset is INR 26,58,000, with an Earnest Money Deposit (EMD) of INR 2,65,800 required to participate. This is a prime opportunity to bid on a property in a developing region. All interested parties are encouraged to review the auction terms and conditions before bidding.

Borrower Name:Mr. C.P. Subramani

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. S.Parvathy

Legal Details

Possession Status:Physical

Encumbrance Details:Nil

Why This Property

The property offers a decent investment opportunity given its location in Attur and the established building on the land. The reserve price appears reasonable, but potential investors should conduct thorough due diligence. The auction terms are standard, making it a calculated risk with potential for good returns.

Contact Details

Branch:Branch Office : SALEM BRANCH

Service Provider:BAANKNET

Contact Details:

Contact no:8291220220

Discover Similar Auctions

Videos