Property for Auction in valapaddy, Salem, Tamil Nadu
Auction ID:589866
Bank Name:Canara Bank
Branch Name:REGIONAL OFFICE : SALEM
Reserve Price:₹5,20,000
EMD:₹52,000
Service Provider:BAANKNET
Submission Date:30-10-2025 04:00 PM
Bid Start Date:31-10-2025 12:00 PM
This auction features a residential land and building located in Valapady, Salem, Tamil Nadu. The property is offered by Canara Bank as part of a SARFAESI auction. It presents an opportunity to acquire a real estate asset in a well-known area of Salem. The property is suitable for residential purposes. Detailed site inspection is recommended to assess its current condition and potential.
State:Tamil Nadu
City:Salem
Area:valapaddy
Asset Category:Residential
Canara Bank is conducting a SARFAESI auction for a land and building property in Valapady, Salem. The auction will take place on 31-10-2025, starting at 12:00 PM and ending at 04:00 PM. The reserve price for this auction is ₹5,20,000, with an Earnest Money Deposit (EMD) of ₹52,000. This is a significant opportunity for prospective buyers interested in acquiring property in the Salem region through a transparent auction process. Interested bidders must ensure they comply with all auction terms and conditions.
Borrower Name:M/s Mahindra Seeds
Auction Type:SARFAESI Auction
Contact No. 7046612345/6354910172/8291220220/9892219848/8160205051