Land for auction 38 Padaveedu Villa, Padaiveedu, Salem by JM Financial Asset Recons

The property is a vacant land of 2818.75 Sq Ft located on Salem West Rd, Sankagin Sro, Padaveedu Village, Salem, Tamil Nadu. It falls within Site No. 38, Amman Nagar, in Survey Field No. 31/181F. The property comes with easement rights, including a 25 feet common pathway, and rights to draw water from a tank constructed on common land. The boundaries are defined as North by a 25 feet road, South by a road, East by a road, and West by Site No. 37 & H.

This is a SARFAESI auction for a piece of land located in Padaiveedu, Salem, Tamil Nadu. The property is part of Site No. 38, Amman Nagar, in SF No. 31/181F, measuring 2818.75 Sq Ft. It includes rights to a common pathway and water from a common tank. The auction is conducted by JM Financial Asset Reconstruction Company Ltd with a reserve price of ₹10,820,000.00 and an EMD of ₹1,082,000.00. The auction will take place on May 31, 2025, from 11:00 AM to 1:00 PM.