Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610793
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹23,00,000
EMD:₹2,30,000
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 04:00 PM
Bid Start Date:2025-11-26
Property Description
This is a SARFAESI auction for a residential land and building located in Omalur, Salem, Tamil Nadu. The property is being auctioned by Canara Bank. It is a valuable opportunity to acquire real estate in a developing area.
State:Tamil Nadu
City:Salem
Area:omalur
Asset Category:Residential
Full Address:Plot No. 3, V.N. NAGAR, Salem District, Salem West Registration District, Omalur Sub Registration District, Omalur Taluk, Kadaiyampatti North Village, S.No. 223/2, Punja Hect.2.22.5, Cess/Assessment RS.12.38, Now as per Sub Division; Patta No. 1484, S.No.223/2A, Punja Hect. 0.55.0, Cess/Assessment RS.3.10, which was plotted in house sites/Plots, name and style of V.N. NAGAR regarding the Plot No.3 to the extent of 1200 sq. ft., Omalur, Salem
Building/Society:V.N. NAGAR
Size:1200 sq. ft.
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 01:30 PM. The reserve price is ₹23,00,000 and the EMD is ₹2,30,000. This is a direct sale opportunity from the bank.
Borrower Name:Smt. D. Nandhini
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Constructive
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in Omalur, Salem, offered at a relatively reasonable reserve price. Its location and the ongoing development in the area make it a calculated opportunity. However, further due diligence is recommended before investing.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:0431-2416067
