Property for Auction in Magudanchavadi, Salem, Tamil Nadu
Auction ID:541940
Bank Name:Union Bank of India
Branch Name:Salem Main Branch
Reserve Price:₹30,93,000
EMD:₹3,09,300
Service Provider:BAANKNET
Submission Date:29-07-2025 05:00 PM
Bid Start Date:30-07-2025 12:00 PM
The property is located in Idanganasalai village, Siddarkoil Pon Nagar, Magudanchavadi, Salem, Tamil Nadu. It comprises two plots totaling 1178 sq ft with a building. Plot 1 (0.84.0 hectares) is bounded by road to the south, Meganathan's property to the north, Duraisamy land to the east, and Boopathi house to the west. Plot 2 is also located in the same area and is bounded by Rajakumari's land to the south, a street to the north, Duraisamy land to the east, and Boopathi house to the west. The property is identified by UDR Patta No.284, New S.No. 726/8.
State:Tamil Nadu
City:Salem
Area:Magudanchavadi
Asset Category:Residential
Union Bank of India is conducting a SARFAESI auction for a residential land property in Magudanchavadi, Salem, Tamil Nadu. The property is divided into two items: Item 1 (in the name of Smt. Rajakumari) is 380 sq ft, and Item 2 (in the name of V. Meganathan) is 798 sq ft, totaling 1178 sq ft with an existing building. The auction starts on July 30, 2025, at 12:00 PM and ends at 5:00 PM. The reserve price is 30,93,000.0 with an EMD of 3,09,300.0. For inquiries, contact Salem Main Branch at 0427-2334813/14.
Borrower Name:Mr. V. Meganathan
Auction Type:SARFAESI Auction
Ph No : 0427-2334813/14