Land for auction 1 Both Sides, Suramangalam, Salem by Cholamandalam Investment

Property for Auction in Suramangalam, Salem, Tamil Nadu

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Suramangalam, Salem
Auction Date IconAuction Date:
19-08-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:18-08-2025 05:00 PM

Bid Start Date:19-08-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact Mr. Rahees - 8124000030 / Mrs. Virali - 6374845616

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