Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612313
Bank Name:Indian Bank
Branch Name:Regional office
Reserve Price:₹1,01,00,000
EMD:₹10,10,000
Bid Increment:₹25,000
Auction Time:10 am to 4 pm
Service Provider:BAANKNET
Important Dates
Submission Date:20-11-2025 05:00 PM
Bid Start Date:2025-11-21
Property Description
This SARFAESI auction features a valuable Land and Building asset located in Omalur, Salem, Tamil Nadu. Owned by Mrs. Shanthi T, this residential property presents a compelling investment opportunity. The auction will be conducted by Indian Bank, offering a chance to acquire a property in a prominent location.
State:Tamil Nadu
City:Salem
Area:omalur
Asset Category:Residential
Full Address:D.No 3/60, Mettupatti, Kottamettupatti Post, Omalur Taluk, Salem District, Tamilnadu-636455, Omalur, Salem
Size:1.95 Acre
Auction Description
Indian Bank is conducting a SARFAESI auction for a Land and Building property in Omalur, Salem, Tamil Nadu. The auction begins on November 21, 2025, at 10:00 AM and concludes at 4:00 PM on the same day. The reserve price is set at ₹1,01,00,000, with an Earnest Money Deposit (EMD) of ₹10,10,000 required. Don't miss this opportunity to bid on this residential asset.
Borrower Name:Mrs.Shanthi T
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Thangaraj.C, Mr.T.Dharunraj
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The property is a land and building located in Omalur, Salem, offering potential for development or investment. The reserve price is relatively high. Investors should carefully assess the location and growth prospects before bidding.
Contact Details
Branch:Branch Office : Regional office
Service Provider:BAANKNET
Contact Details:
Contact no:8291220220
