Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610798
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹26,52,000
EMD:₹2,65,200
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 04:00 PM
Bid Start Date:26-11-2025 12:30 PM
Property Description
A residential land and building located in Omalur, Salem, Tamil Nadu, being auctioned by Canara Bank. This property is offered under the SARFAESI Act, presenting a unique opportunity for potential buyers.
State:Tamil Nadu
City:Salem
Area:omalur
Asset Category:Residential
Full Address:PLOT NO. 29, SRI DHANALAKSHMI NAGAR, Kaadayampatty (North) Village, Survey No. 85/18, Salem District, Salem West Registration District, Omalur Sub Registration District, Kaadayampatty, Salem
Building/Society:SRI DHANALAKSHMI NAGAR
Size:2092 Sq. feet
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land and building in Omalur, Salem, Tamil Nadu. The auction will take place on November 26, 2025, from 12:30 PM to 1:30 PM. The reserve price for this auction is ₹26,52,000, with an Earnest Money Deposit (EMD) of ₹2,65,200 required to participate. This is a prime opportunity to acquire property in Salem.
Borrower Name:Sri. R. Thangaraj
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in a developing locality of Salem, presenting a calculated investment opportunity. The reserve price seems reasonable. Further due diligence is needed to assess the full potential.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
