Property for Auction in Vazhapadi, Salem, Tamil Nadu
Auction ID:550927
Bank Name:Canara Bank
Branch Name:TRICHY ARM BRANCH
Reserve Price:₹73,00,000
EMD:₹7,30,000
Service Provider:BAANKNET
Submission Date:19-08-2025 04:00 PM
Bid Start Date:20-08-2025 11:00 AM
This offering is for a Land and Building asset located in Vazhapadi, Salem, Tamil Nadu. Classified as residential, the property is part of a SARFAESI auction conducted by Canara Bank. The asset is associated with borrower Sri. S. Seerangan. The property's location in Vazhapadi, Salem, offers potential for both residential living and investment. Detailed inspection and legal due diligence are recommended for all prospective buyers before participating in the auction.
State:Tamil Nadu
City:Salem
Area:Vazhapadi
Asset Category:Residential
Canara Bank presents a SARFAESI auction for a residential property in Vazhapadi, Salem, Tamil Nadu. This auction features land and a building, with a reserve price of ₹73,00,000. The Earnest Money Deposit (EMD) required is ₹7,30,000. The auction will be held on 20-08-2025, starting at 11:00 AM and concluding at 01:00 PM. This is an opportunity to acquire a property in a developed area. Interested bidders are advised to review all auction terms and conditions provided by Canara Bank.
Borrower Name:Sri. S. Seerangan
Auction Type:SARFAESI Auction
Authorised Officer 0431-2416067