Land for auction Erumapalayam Salem by Canara

A parcel of land located in Erumapalayam, Salem, Tamil Nadu. This residential category asset is being auctioned by Canara Bank under the SARFAESI Act. The property is situated in a developing locality with good connectivity. Ideal for building residential units or for investment purposes. The land offers a solid opportunity for future growth and development in Salem's expanding landscape.

Canara Bank presents a SARFAESI auction for a prime plot of land in Erumapalayam, Salem, Tamil Nadu. This is a valuable opportunity for investors and developers. The auction starts on August 28, 2025, at 11:30 AM and concludes at 12:30 PM on the same day. The reserve price is set at ₹95,00,000 with an EMD of ₹9,50,000. This land, previously mortgaged by M/s. SHREE KRISHNA BUILDERS LOAN, offers significant potential for residential development in a growing area. Don't miss this chance to acquire a strategic asset in Salem.