Property for Auction in Suramangalam, Salem, Tamil Nadu
Auction ID:553909
Bank Name:Cholamandalam Investment And Finance Company Limited
Branch Name:Chennai
Reserve Price:₹1,20,00,000
EMD:₹12,00,000
Service Provider:bankauctions.in
Submission Date:18-08-2025 05:00 PM
Bid Start Date:19-08-2025 11:00 AM
This auction features a Land And Building property located in Suramangalam, Salem, Tamil Nadu. Situated in a sought-after residential area, this asset offers significant potential. The property is being auctioned by Cholamandalam Investment And Finance Company Limited. Salem is a major city in Tamil Nadu known for its industrial and commercial activities, with Suramangalam being a developed locality.
State:Tamil Nadu
City:Salem
Area:Suramangalam
Asset Category:Residential
Cholamandalam Investment And Finance Company Limited presents a SARFAESI auction for a residential property in Suramangalam, Salem, Tamil Nadu. The auction will take place on August 19, 2025, from 11:00 AM to 01:00 PM. The property, formerly owned by KUPPURAMALINGAM N P, is a Land And Building. The reserve price is INR 1.2 Crores, with an Earnest Money Deposit (EMD) of INR 12 Lakhs. This is a prime opportunity to acquire a property in a well-established area.
Borrower Name:KUPPURAMALINGAM N P
Auction Type:SARFAESI Auction
Contact Mr. Rahees - 8124000030 / Mrs. Virali - 6374845616