Property for Auction in Sankagiri, Salem, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610796
Bank Name:Canara Bank
Branch Name:Regional Office
Reserve Price:₹25,59,000
EMD:₹2,55,900
Service Provider:BAANKNET
Submission Date:25-11-2025 04:00 PM
Bid Start Date:26-11-2025 12:30 PM
A valuable land and building located in Sankagiri, Salem, Tamil Nadu. This residential asset is part of a SARFAESI auction conducted by Canara Bank. The property offers a great opportunity for investment or personal use in a developing area.
State:Tamil Nadu
City:Salem
Area:Sankagiri
Asset Category:Residential
Full Address:Puthur Village, Patta No. 1321, Survey No. 99/38, Sankagiri, Salem
Size:2834 Sq. ft
Canara Bank presents a SARFAESI auction for a land and building property in Sankagiri, Salem, Tamil Nadu. The auction will take place on November 26, 2025, from 12:30 PM to 1:30 PM. The reserve price is INR 25,59,000, with an EMD of INR 2,55,900. This is a prime opportunity to acquire a property through a transparent auction process.
Borrower Name:Sri P Subiramani
Auction Type:SARFAESI Auction
The property presents a calculated opportunity due to its location in Sankagiri, Salem, and the land & building type. While the details are limited, the reserve price and EMD suggest a potentially viable investment. Further investigation into local market conditions and property specifics is recommended before bidding.
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
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