Property for Auction in Magudanchavadi, Salem, Tamil Nadu
Auction ID:550924
Bank Name:Canara Bank
Branch Name:TRICHY ARM BRANCH
Reserve Price:₹28,67,000
EMD:₹2,86,700
Service Provider:BAANKNET
Submission Date:12-08-2025 04:00 PM
Bid Start Date:13-08-2025 11:00 AM
This offering is a residential land and building located in Magudanchavadi, Salem, Tamil Nadu. The property is a residential asset, presenting a great opportunity for homeowners or investors. Situated in a developed area, it offers convenience and accessibility. Further details regarding the exact size, structure, and dimensions of the land and building are available through the official auction documents. Secure your interest in this Salem property via the upcoming Canara Bank auction.
State:Tamil Nadu
City:Salem
Area:Magudanchavadi
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a prime property in Magudanchavadi, Salem, Tamil Nadu. The auction will take place on August 13, 2025, from 11:00 AM to 01:00 PM. The reserve price is set at ₹28,67,000, with an Earnest Money Deposit (EMD) of ₹2,86,700. This is a unique opportunity to acquire a residential land and building asset, formerly belonging to Sri. R. Soundappan. Don't miss this chance to invest in a valuable property.
Borrower Name:Sri. R. Soundappan
Auction Type:SARFAESI Auction
Authorised Officer 0431-2416067