Land for auction 1 ITEM-1: Alagapuram, Salem by Canara

This property, located in the desirable Alagapuram area of Salem, Tamil Nadu, consists of land and a building. Classified as residential, it offers a valuable opportunity for homeowners or investors. The property is being auctioned by Canara Bank under SARFAESI provisions due to default by the borrower, Sri V Sabarigirivasan. Situated in a key locality within Salem, this asset presents a solid investment prospect. Further details regarding the property's specific dimensions and condition can be obtained from the bank.

Canara Bank is conducting a SARFAESI auction for a prime property in Alagapuram, Salem, Tamil Nadu. The auction features a land and building, categorized as residential. The reserve price is set at ₹2,70,06,000, with an Earnest Money Deposit (EMD) of ₹27,00,600 required to participate. This is an excellent opportunity to acquire a property in a well-known area. The auction will take place on August 20, 2025, from 11:00 AM to 1:00 PM. Don't miss this chance to invest.