Property for Auction in Salem, Salem, Tamil Nadu
Auction ID:540958
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹54,20,000
EMD:₹5,42,000
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 11:00 AM
The property consists of land and a building located in Salem District, Joint No.1 Salem East Sub Registration District, Salem Taluk, Thathampatty Village, Mitta S. No. 172/1, as per Re-Survey Settlement S.No 185/2 Punjai acre 1.40. The extent of the property is 1452 square feet.
State:Tamil Nadu
City:Salem
Area:Salem
Asset Category:Residential
This is a SARFAESI Auction conducted by Punjab National Bank for a Land And Building property in Salem, Tamil Nadu. The property is located in Mitta S. No. 172/1, as per Re-Survey Settlement S.No 185/2 Punjai acre 1.40, in an extent of 1452 square feet. The auction starts on 30-07-2025 at 11:00 AM and ends on 30-07-2025 at 04:00 PM. The reserve price is 5420000.0 and the EMD is 542000.0. The borrower is M/s. Mahalakshmi Yarns.
Borrower Name:M/s. Mahalakshmi Yarns
Auction Type:SARFAESI Auction
Contact Number:0422-2231314