Land for auction 1 Gugai, Salem by ECL Finance Ltd

The property is located in Salem District, Salem West Registration District, Salem West Sub Rd, Salem Town, E-Division, 3rd Ward Gugai. It was previously known as Ramalngam Sowdeswari Madam Street and is now called Ramalingam Soundeswari Madam Street. The land has East and North-South streets. Item No. 1, measuring 1896 sq. ft., is bounded by property belonging to V K Rajamanickam to the north, a North-South street to the east, property belonging to S K Jagadeesan to the south, and the 2nd item of land to the west. Item No. II, measuring 312.5 sq. ft., is bounded by property belonging to S K Ragunathan & S K Jagadesan to the north, the 2nd item of land to the east, the 1st item of property to the south, and a Gori compound wall to the west. The total area for both items is 2208 sq. ft., with an RCC terraced building and associated rights.

This is a SARFAESI auction for land located in Gugai, Salem, Tamil Nadu, conducted by ECL Finance Ltd. The property is identified by Auction ID 470862. The reserve price is INR 8,765,462.00 and the EMD is INR 876,546.00. The auction will take place on March 27, 2025, from 11:00 AM to 12:00 PM. The property consists of two items of land totaling 2208 sq. ft., with an RCC terraced building, and includes all pathway and easement rights. It is situated within the Salem Corporation limits. For inquiries, contact Mr. Maulik Shrimali at +91-6351896643/9173528727.