Land for auction 1 SURAMANGALAM Arisipalayam, 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:
20-03-2025 11:00 AM

Auction Details

Auction ID:466311

Bank Name:Cholamandalam Investment And Finance Company Limited

Branch Name:Corporate Office : Chennai

Reserve Price:1,61,43,000

EMD:16,14,300

Service Provider:bankauctions.in

Important Dates

Submission Date:19-03-2025 05:30 PM

Bid Start Date:20-03-2025 11:00 AM

Property Description

All that piece and parcel of Land and Building in Salem District, Salem West R.D. Salem West Joint No.3 Sub R.D. Salem Town, Arisipalayam, 1st Ward, North of: Suramangalam Main Road, Lee Bazar, West of: 2nd Road, Door.No.25/1692, New Survey Ward-D, Block-7, T.S.No.35, as per the Town Suvey Ward-AC, Block-7, T.S.No.35/1 out of this an extent of 1128 Sq. Feet of land is related to this description, the Boundaries and Measurements for the same are:-West of: Lee Bazar 2nd Road, North and East of the Properties belonged to Palaniapillai and others, South of the property belonged to Manoharan and Others, within the above Boundaries are Measuring East-West both Sides: 47 Feet, North-South Both Sides: 24 Feet, Totaling 1128 Sq. Feet of land in full and with R.C.C Terraced Building and Officer Room R.C.C Building and with all the fittings of the above buildings and with all pathway rights and easement rights annexed thereto, as per the Property Tax Receipt Door No.169-1, Tax Asst No. 1033281 and within the limit of Salem Corporation.

State:Tamil Nadu

City:Salem

Area:Suramangalam

Asset Category:Residential

Auction Description

This is a SARFAESI Auction for a Land and Building located in Suramangalam, Salem, Tamil Nadu. The property is offered by Cholamandalam Investment And Finance Company Limited. The Reserve Price is INR 16,143,000.00 and the EMD is INR 1,614,300.00. The auction will be held on March 20, 2025, from 11:00 AM to 01:00 PM. The property is described as a piece of land measuring 1128 Sq. Feet with a R.C.C Terraced Building and Officer Room. The boundaries are detailed as West of Lee Bazar 2nd Road, North and East of Properties belonged to Palaniapillai and others, and South of the property belonged to Manoharan and Others. The property falls within the limits of Salem Corporation.

Borrower Name:Kuppuramalingam N P

Auction Type:SARFAESI Auction

Contact Details

Contact No : 9160005011/01/09

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