Property for Auction in Suramangalam, Salem, Tamil Nadu
Auction ID:569755
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE : SALEM
Reserve Price:₹27,00,000
EMD:₹2,70,000
Service Provider:BAANKNET
Submission Date:26-09-2025 05:00 PM
Bid Start Date:30-09-2025 11:30 AM
This SARFAESI auction features a valuable Land and Building property located in the bustling Suramangalam area of Salem, Tamil Nadu. Previously owned by M/s. SRI SAPTHAGIRI, this residential asset presents a compelling opportunity for investors or homebuyers. Situated in a well-connected part of Salem, the property benefits from the region's growing infrastructure and economic activity. The land and building combination offers versatility for various development or personal use possibilities. Don't miss this chance to acquire a property in a prime location.
State:Tamil Nadu
City:Salem
Area:Suramangalam
Asset Category:Residential
Canara Bank is pleased to present an SARFAESI auction for a prime Land and Building property in Suramangalam, Salem, Tamil Nadu. The auction is scheduled for September 30, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this attractive asset is set at ₹27,00,000, with an Earnest Money Deposit (EMD) of ₹2,70,000 required to participate. This is a unique opportunity to acquire a residential property through a transparent and competitive bidding process. Contact Canara Bank for detailed terms and conditions.
Borrower Name:M/s. SRI SAPTHAGIRI
Auction Type:SARFAESI Auction
M No ; 9445028337